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ChatGPTMidjourneyClaude
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Manage equity and cap table. Considerations: 1. Founder vesting (4-year, 1-year cliff). 2. Employee stock options (ISOs vs NSOs). 3. Option pool size (10-20% pre-funding). 4. Strike price and 409A valuation. 5. Equity grants for key hires. 6. Dilution from funding rounds. 7. Secondary sales policies. 8. Cap table modeling. Use Carta or similar. Keep equity competitive but not excessive. Refresh grants for retention.