As a sole founder, how many shares should I issue myself?
Most sole founders will typically issue themselves 4 to 5 million shares. This allows the founder to issue a sizable stock grant to themselves while the stock is at its lowest (par) value. Also, issuing this amount of stock leaves room for granting shares to potential future cofounders without having to make an adjustment to the Certificate of Incorporation.
Last updated on April 2, 2019