Unique, glad this is being shared. I've always looked towards the Wealthfront Equity Plan of Early Evergreen Grants [1] as a good example. It is arguably more performance-oriented than this Progressive Equity. I really like the concept of giving everyone financial independence, but it must take the right combination of culture, investors, and valuation to make it more motivating than it is inhibiting.
Also, could the redistribution of equity at the time of sale have more cost in tax obligations than earlier redistribution?
While I really appreciate the legal docs, the truth is in a longer description that remains easily comprehensible. I think the main barrier to most of these alternative equity structures is a lack of understanding from all parties.
Also, could the redistribution of equity at the time of sale have more cost in tax obligations than earlier redistribution?
While I really appreciate the legal docs, the truth is in a longer description that remains easily comprehensible. I think the main barrier to most of these alternative equity structures is a lack of understanding from all parties.
[1] https://blog.wealthfront.com/the-right-way-to-grant-equity-t...