YC Startup Talks: Understanding Equity with Jordan Gonen, CEO & Co-founder of Compound

We loved hosting Jordan Gonen, CEO & Co-founder of Compound yesterday for an event to help us understand startup equity!
Here are some of Jordan's recommended things to know about your equity:
➡️ type of equity (ISOs, NSOs, RSUs)
➡️ vesting schedule
➡️ fully diluted shared outstanding
➡️ latest 409A valuation
➡️ early exercise
➡️ post termination exercise window
Compound is a wealth management platform designed for tech founders and employees. Our free net worth dashboard integrates with thousands of providers including cap table managers, banks, brokerages, real estate, crypto wallets, and exchanges so you can view your personal balance sheet in real-time - get access here.
For important information about Compound and the services they provide, please check out the legal page, including General Disclosures, Form CRS, and ADV Part 2A Brochure: www.withcompound.com/legal
To sign up for future events -- or see previous ones -- find them at workatastartup.com/events

[@rhodabaruch4]

Such a great video and what I’ve wanted to know for so long. Thanks for saving me time and money!

[@_luka_bagdavadze]

What happens to employ 5% when we go to seed round and sell 10% of the company? Do they still have 5% or their equity gets reduced to 4.5%?