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 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en -~----------~----~----~----~------~----~------~--~---