Wait, you want to have them as a co-founder and you want to pay them a hundred bucks an hour?
I can see one or the other, but not both. If the amount of stock is trivial then they're an employee or contractor, not a co-founder. And if the amount of stock is large then you shouldn't be paying them that kind of money as well.
Not per hour. The point is to avoid usual confusion at the initial stage of getting into the context of the project. People can be afraid to spend that extra hour to get fully aware of the thing and without that hour they just pass off not understanding the idea at all.
Later on the person have to decide if s/he want to continue as "true" founder, non paid in cash :)
Comments
Wait, you want to have them as a co-founder and you want to pay them a hundred bucks an hour?
I can see one or the other, but not both. If the amount of stock is trivial then they're an employee or contractor, not a co-founder. And if the amount of stock is large then you shouldn't be paying them that kind of money as well.
Not per hour. The point is to avoid usual confusion at the initial stage of getting into the context of the project. People can be afraid to spend that extra hour to get fully aware of the thing and without that hour they just pass off not understanding the idea at all.
Later on the person have to decide if s/he want to continue as "true" founder, non paid in cash :)