Very nice advice. I do think its good to test out a person before you offer any thing considerable big, especially when you don't have a lot of history with him.
Moreover, you also have to consider his ability to keep contributing to the company in the long run too, especially if he is going to be a co-founder.
If you are not sure, a minority stake with a slightly discounted (or not) rate should do.
If he shows himself to be very capable for the long run too and you guys hit it off, you can always offer more later.
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Very nice advice. I do think its good to test out a person before you offer any thing considerable big, especially when you don't have a lot of history with him.
Moreover, you also have to consider his ability to keep contributing to the company in the long run too, especially if he is going to be a co-founder.
If you are not sure, a minority stake with a slightly discounted (or not) rate should do.
If he shows himself to be very capable for the long run too and you guys hit it off, you can always offer more later.
Agreed 100%. I was more suggesting that the first month or two be a more trial-like basis; thus the exclusion of equity from that period.