Goodwin technology partner Bill Growney authored a June 29 Daily Journal article featuring advice for startups preparing equity compensation plans. He is also a key contributor to Founders Workbench.
Having practiced in the Bay Area for more than 20 years, Bill has helped startups and established companies understand equity incentive strategies, which he shares in his article, “Equity Compensation is About Retention.”
“My advice to clients is to generally stay within commonly accepted terms, treat equity like cash and budget it out accordingly, and realize that equity compensation is a single component of an employee’s total compensation package and is not guarantee of life-changing wealth even for successful companies,” Bill told Daily Journal.
Read Bill’s full Daily Journal article here.