Y Combinator CEO and Partner Michael Seibel talks about what to consider when splitting equity with cofounders.
00:00:00 How much equity to give your cofounders
00:00:23 Equity splits should maximize motivation
00:01:32 Safety mechanism for equity - Vesting and Cliff
00:02:21 More generous with equity not less
00:03:21 Equal equity splits
00:03:57 End
Gigi Levy-Weiss (Managing Partner @ NFX) talks about how to become a strong startup CEO and leader.
Long-term success in building a company requires good leadership and the ability to motivate great people.
Should you be the CEO? Can you share the role with a co-founder? Is it ok to admit you want to be in control?