Founder Equity Guidelines
Equity serves as a motivator for future work rather than a reward for past contributions. It's crucial for the CEO to maintain the authority to let underperforming founders go, ensuring accountability within the team. If a co-founder departs before their one-year cliff, it's typical for them to receive a minimal equity stake, emphasizing the importance of clear conversations about potential outcomes in co-founder relationships.In this clip
From this podcast
Y Combinator Startup Podcast
Co-Founder Equity Mistakes to Avoid with Michael Seibel | Startup School
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