Everything you wish someone had explained when you got your first startup offer.
What every engineer wishes someone had explained when they got their first startup offer. Vesting, options, dilution — the math that decides what your equity is actually worth.
The ledger that tracks who owns what in your company — every founder, employee, investor, SAFE holder, and option grant — typically expressed as percentages and share counts on a fully-diluted basis.
Read the full termThe reduction in your ownership percentage when a company issues new shares — at each funding round, every existing shareholder's slice of the pie gets smaller, even as the pie itself grows.
Read the full termThe waiting period at the start of equity vesting — usually a year — during which you earn zero equity, and after which a chunk vests all at once.
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