How To Allocate Founder and Employee Equity
A VC : Venture Capital and Technology
APRIL 14, 2011
Joel Spolsky , c0-founder and CEO of our portfolio company Stack Exchange , posted an excellent answer to the question in the title of this post on the Stack site OnStartups. I'm not going to reblog the entire answer here. I'd encourage you to go read Joel's answer. However, I am going to highlight some of the most important points from Joel's post: Fairness, and the perception of fairness, is much more valuable than owning a large stake.