The New Deal – A Founding CEOs Value is Non Linear

As a founder I fought with VC's over vesting as they brought in a new CEO and walked me out the door. As a board member I negotiated with founding CEO's over vesting when I thought it was their time to go. At best this is an argument where no one wins, at worst it's like a nasty divorce.

I'll offer that both entrepreneurs and VC's have the wrong model for founding CEO equity compensation. The customary vesting model has founders vest their stock over 4-years, and when the founding CEO gets in ...