Equity Shared With All Employees, 15% Unallocated for Future Hires
At the time of the 2021 interview, the four co-founders collectively held roughly 75% of equity, employees held approximately 8% to 10%, investors held roughly 10%, and about 15% remained unallocated for future hires or a potential raise. All 16 team members at the time had some equity participation.
“All of our employees have some equity as well, but yeah, we haven't given a huge portion of equity away to any investors or anything.”