Solo founder in startup, not looking to take on co-founders or any VC. I'm wondering about how I should handle stock vesting for my founders shares.
1)Fully vested stock OR
2)Vesting term, like 2-3 years.
I'm wondering from anyone who's going through an acquisition, whether having fully vested stock will deter any potential acquirers? It seems like if founders stock is fully vested, acquirers can just offer a separate retention package.
Also, is there any tax (capital gains) difference if the stock is fully vested versus not yet vested? If the unvested stock is just exchanged for stock in the acquirer and the vesting provisions continue, does this mean there would be less tax than if fully vested stock is exchanged for stock in the acquirer?
Hoping to hear from anyone who's gone through this. Know it's early, but don't want to make a mistake now that could cost me later.
1)Fully vested stock OR 2)Vesting term, like 2-3 years.
I'm wondering from anyone who's going through an acquisition, whether having fully vested stock will deter any potential acquirers? It seems like if founders stock is fully vested, acquirers can just offer a separate retention package.
Also, is there any tax (capital gains) difference if the stock is fully vested versus not yet vested? If the unvested stock is just exchanged for stock in the acquirer and the vesting provisions continue, does this mean there would be less tax than if fully vested stock is exchanged for stock in the acquirer?
Hoping to hear from anyone who's gone through this. Know it's early, but don't want to make a mistake now that could cost me later.