Cockroach Labs allocated 10% equity across its first 20 startup employees
Spencer Kimball · Scaling to $5B with Cockroach Labs' CEO Spencer Kimball's Formula for Sustained Growth + Resilience · Aug 9, 2023 · at 13:23
This episode carries Spencer Kimball's own address, with nobody on the show putting questions to them. It still counts as said, and it is kept out of every score on their page.
Spencer Kimball, co-founder and CEO of Cockroach Labs, outlines the mathematical equity allocation framework developed for hiring the company's first 80 employees.
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“What we are trying to do, this is sort of empirically determined, is say that the first 20 employees of the company would have 10% of the equity. And the next 20 employees would have an additional five percent of the equity. And then the next 40 employees would have an additional five percent of the equity. So there's this sort of exponential fall off.”
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