Theodor Kaljo

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Options are a great way to align employee motivations because now they are part owners in the business, too. Options typically vest over four years. So, if an employee leaves the company after only two years, they only get to keep half of the options that were granted and the rest go back into the pool for future employees.
Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000
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