Startups Need Option Plans if They Want to Hire Employees
Since startups can’t afford to compete with the salaries offered by established companies, they usually offer employees equity. In order to compensate employees, the startup will have to create an equity incentive plan (EIP), which is also commonly referred to as an option plan.
RYAN KUTTER
, ESQ., RELATIONSHIP MANAGER
, GUST INC.
15 Nov 2018