His list implies he's raising money and issuing options.
Although only the percentage ownership should matter, many employees react very differently to getting a tiny number of options at a relatively high strike price vs. a big whopping number of options at a miniscule strike price.
I agree, but in my experience it doesn't - primarily because the candidates are getting tons of conflicting advice from friends, family, and other startups they're interviewing with. Respectable-sounding number of options = safer.
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His list implies he's raising money and issuing options.
Although only the percentage ownership should matter, many employees react very differently to getting a tiny number of options at a relatively high strike price vs. a big whopping number of options at a miniscule strike price.
A 2 min conversation should fix that.
I agree, but in my experience it doesn't - primarily because the candidates are getting tons of conflicting advice from friends, family, and other startups they're interviewing with. Respectable-sounding number of options = safer.