Stock Option Plans for Startups vs. Profits Interest
I had a great conversation today with Kendall Kunz about using Profits Interest instead of Stock Options plans for startups. Well, the topic was broader then just startups. Tub the idea is that a Profits Interest functions similarly to an option agreement. It can also take advantage of the LLC corporate model vs. C Corp (if you don’t have significant number of investors).
Here’s a link to the post http://bit.ly/5X5TcS