Make hiring, leveling, and equity decisions for your first hires without phoning a friend every time.
People & Equity
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Equity Refresh
/ˈɛk.wɪ.ti rɪˈfrɛʃ/concept · noun
An additional equity grant given to a tenured employee, layered on top of their original grant so that unvested equity does not trickle to zero as the four-year vesting curve runs out.
How a company maps every role onto a numbered ladder (L3, L4, L5, and so on), with each rung tied to a documented scope of impact and a pay band for salary and equity.
The reserved pool of company shares set aside for employee, advisor, and contractor grants, expressed as a percentage of the fully-diluted cap table and drawn down each time a new hire signs.