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
>
>
> >
>


-- 
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