I think he's just saying to -- make a pool of N shares allocated to "technical founders". Call this the Technical Founders Pool
-- allocate M options on these shares to each technical founder, but with a vesting condition that includes the condition that only N of the options will ever be vested all total This doesn't solve the tax problem though.
The closest *decent* way to do what you want to do is to contract options > upfront with modifying conditions and qualifications based on future > performance. Do you believe that you could successfully do that? Would you be willing to write up an initial shot at it? Mark ----- This list is sponsored by AGIRI: http://www.agiri.org/email To unsubscribe or change your options, please go to: http://v2.listbox.com/member/?&
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