Ask HN: How to structure an LLC for giving out equity
I have a project (content site - http://itleaderstoday.com) I've been working on for about a year and its time to recruit (writers, marketers). However I can only offer equity.
So I thought about forming an LLC but not sure what would be the next step? How would I offer a percentage of ownership, what is the right percentage to offer a head writer, editor, etc; how do I offer stake without dilution, etc.
Right now, I pay writers a minimal amount per article. But I could get better writers with a more ownership type of incentive.
So I thought about forming an LLC but not sure what would be the next step? How would I offer a percentage of ownership, what is the right percentage to offer a head writer, editor, etc; how do I offer stake without dilution, etc.
Right now, I pay writers a minimal amount per article. But I could get better writers with a more ownership type of incentive.