Nagpal: Startups should give first employees 2x to 4x more equity
Ankur Nagpal · What I’m Doing Differently as a 2nd Time Founder · Dec 15, 2023 · at 6:26
Ankur Nagpal, founder of Carry and former founder of Teachable, explains his philosophy on startup equity allocation for early hires.
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“Fundamentally, I do believe early startup employees, like the first few people are undercompensated in terms of what are like norms of how much to give early employees. Like historically, a lot of people, you know, would give First employee, one percent, and sometimes waterfall goes down from there. I think it should be two, three, four times higher because they're taking quite a large amount of risk as well.”
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