Investors vs Employees

Investors vs Employees

When I arrived in Silicon Valley in 2010, I was told standard employee option pools were 15% of the post-money fully diluted. A couple of years »

PTE = Vesting

PTE = Vesting

Most companies use the default Post-termination Exercise (PTE) periods from their law firm’s equity documents. PTE periods are 90 days or less because option grants »

IQ and EQ

IQ and EQ

Part 1 Once a month we have Company Day at eShares where I present monthly financials and discuss a topic that’s been on my mind. »

Founders Wanted

Founders Wanted

At eShares we split the organization into four business units operating their own P/L. This post is about why we created our business units, how »

A Manager’s FAQ

A Manager’s FAQ

In addition to 1-on-1s with eShares managers, I host a monthly management discussion to share challenges, successes, failures, and lessons learned. I am often asked questions »

A Better Offer Letter

A Better Offer Letter

At eShares we spend a lot of time thinking about how to better educate employees on startup equity. Even new hires at eShares often don’t »

How to Hire

How to Hire

Below is an excerpt from a talk I gave at the eShares Town Hall in November 2015. I hope it is helpful to other CEOs struggling »

eShares 101

eShares 101

All eShares employees (new and old) take a full-day course called eShares 101. It is an introduction to our company, our values, and our execution strategy. »

eShares Series A

eShares Series A

I’m sorry this blog is 6 months late. But I will share it anyway in the hopes it will help founders currently raising a Series »

Fixing 409A

Fixing 409A

This is a call-to-action for Venture Capital, Auditors, and the IRS to fix the burden on startups caused by IRS Code Section 409A. I start with »