Question
We just shortlisted a Tech Cofounder on our Early stage Self funded Tech Marketplace startup.Hes good on the skill set but we are not sure yet on the ‘compatibility’ part- which we are counting on as very important as well for the core team.
Whats the Best way to go forward with this: testing the ‘compatibility’ with salary for say 2-3 months before handing equities or straight away giving out equities?
Affordability shouldn’t be an issue since we are highly particular on selection of the core team.
Answer
Small salary (if possible) shows commitment, and then you do 4 yrs vesting schedule where they earn the equity monthly. You can do a big grant of equity after 12 months of work