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Luba’s Newsletter · May 12, 2023

On employee stock options

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Luba Lesiva · Luba’s Newsletter

You’ve picked a lawyer, you’ve incorporated (in Delaware, naturally), you’ve met some VCs and raised some money, and now it’s time to grant equity (well, technically, options) to your employees.

But…. what are options, I hear your team say. And what do I do with them?

Most founders want to avoid this conversation like the plague - you don’t want to mis-speak, you’re not ever fully sure you’re using the right technical term, and, well, as a culture, we’re not great at talking about money anyway.

However - you can’t just leave your team without any information.

In an attempt to address that void, I’m sharing a list of education resources that have been recommended by our network.

Please note, I don’t vouch for the accuracy of the links below, I’m not your lawyer (or your company’s lawyer), and this is not financial advice - so please do get your own! Nevertheless, I hope the materials below will be a useful starting point for you and your team.

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Are there other resources you want to see listed above? Please tell me - either in comments, or over Twitter!

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