The words · · 1 min read

The option pool shuffle

Why the pool is usually created before the money arrives.

Investors often ask for the option pool to be created before their money comes in. That means you pay for it alone.

Ask for a hiring plan that justifies the pool size, and size it to that plan, not to a round number.

E. Brandt

Weiter.

  1. The words
  2. The numbers
  3. Your deck
  4. The pitch

Go deeper · The numbers

Cap table: three rounds, simulated

Change one assumption and watch the founders’ share move.

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Keep reading · The words

Your runway is shorter than your spreadsheet

· 1 min read

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