Good blog on all these issues and more: http://venturehacks.com/

On Tue, Nov 11, 2008 at 11:21 AM, Hendro Wijaya <[EMAIL PROTECTED]>wrote:

> Wow..the response here is fast. Thanks all.
> Anyone else has any thought on this subject, please?
>
>
>
> On Tue, Nov 11, 2008 at 11:16 AM, Sriram Panyam <[EMAIL PROTECTED]>wrote:
>
>> Howdy,
>>
>>
>>     I thougth that was only for public companies.  I suppose for a private
>> company (or a startup) that translates to getting the XX % as the initial
>> "share price" is zero right (if not zero if you take negative cash flows
>> into account)?
>>
>> cheers
>> Sri
>>
>> On Tue, Nov 11, 2008 at 10:50 AM, Maxim Shklyar <[EMAIL PROTECTED]>wrote:
>>
>>>  As little as I know it works like this:
>>>
>>>                 You not get 0.0..% , you get an option to buy X shares at
>>> a given price (normally the share price when you started working). When you
>>> want to execute the options if the share price is higher, than you get
>>> something, otherwise not..
>>>
>>>                 The X shares you get are vested over some time (like 2
>>> years) – if you quit after 1 year you only get X/2..
>>>
>>>
>>>
>>> http://en.wikipedia.org/wiki/Employee_stock_option
>>>
>>> http://en.wikipedia.org/wiki/Vested
>>>
>>>
>>>
>>>
>>>
>>> ---
>>>
>>>   Maxim Shklyar
>>>
>>>   kisla interactive
>>>
>>>
>>>
>>>
>>>
>>> *From:* silicon-beach-australia@googlegroups.com [mailto:
>>> [EMAIL PROTECTED] *On Behalf Of *Hendro Wijaya
>>> *Sent:* Tuesday, 11 November 2008 9:53
>>> *To:* silicon-beach-australia@googlegroups.com
>>> *Subject:* [SiliconBeach] Employees' stock agreement
>>>
>>>
>>>
>>> Hi All,
>>>
>>> My name is Hendro and this is my first post here. :)
>>> I'm curious on how the agreement works for the company that want to give
>>> their employees some stocks options (like Google / Microsoft for example).
>>> Are they talking in terms of % like "I give you 0.02%?". That doesn't sounds
>>> so appealing.
>>>
>>> I have a plan to hire some early developers. They will be given some
>>> salary like usual but, to ensure they have common interest to drive the
>>> company forward, I would love to do some profit sharing scheme in a scalable
>>> way.
>>>
>>> Any thoughts?
>>> Thanks!
>>>
>>> Cheers,
>>> Hendro
>>>
>>>
>>>
>>>
>>
>>
>> --
>> Blog: http://panyam.wordpress.com
>> URL: http://www.geocities.com/spany_1
>>
>>
>>
>
> >
>


-- 
Elias Bizannes
http://liako.biz

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