Casey Knapp and Andre Thioller served as panelist at A Primer for Stock Options livestream for startup founders hosted by 4thly and Foley.
The livestream focused on startup companies often creating stock option plans to be able to recruit and retain top talent. Questions covered included how do you create and manage an effective stock option plan; what are the legal considerations; and how do startups use stock option plans to align the interests of founders, employees, and investors?
The key takeaways were:
- Asking the who, when, why, where, and how questions early will make life easier
- It’s best to consider the big picture when considering offering stock options, even in the early stages
- The stage of the company matters so much when offering stock options
- Use the options wisely
- Make sure you are doing things the right way
- Keep your options clean
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