The most reasonable equity allocation of start-up companies

Venture equity can be divided into the following three modes: 1. Absolute holding, that is, 67% shares, 18% shares to partners, 15% shares to the reserve team; 2. Relatively holding, the founder holds 5 1%, the partner holds 34%, and the employee holds15%; 3. Non-holding type, 34% equity of founder, 5 1% equity of partner team and 0/5% equity of incentive.

1, the biggest responsible person is the monopolist, headed by a major shareholder who is convinced by everyone. 1 ~ 2 shareholders hold 0% ~ 20% of the equity of/kloc-0, which is complementary to the ability and resources of major shareholders. That is, founders account for 50% and 60%, co-founders account for 20% ~ 30%, and option pool 10% ~ 20%. Such a ratio is more conducive to giving full play to the decisions and responsibilities of major shareholders while maintaining different opinions.

2. Equity constraint. It is not enough to realize the equity ratio by stages. If a founder takes a lot of equity but doesn't make due contribution later, or someone leaves his job halfway, how to deal with the equity? A good share binding plan is generally implemented for 4-5 years, such as 4-year share binding, 25% in the first year and 25% in the second year. If the entrepreneur has allocated the equity and there is no installment agreement, it is best to sit together and supplement the relevant agreement on equity redemption.

3. Abide by the spirit of contract, and the core principle of equity distribution is "the spirit of contract". For all founding team members, once the equity is fixed, it means that the profit distribution machine has been formulated. Except for the later adjustment mechanism, everyone's efforts and contributions have little to do with this ratio, but according to the spirit of the contract, doing our best is the most basic requirement. Early entrepreneurs must understand a truth: even if they succeed in starting a business, even if they only take the equity of 1%, they are valuable, and even if they fail in starting a business, they still have the equity of 100%.

4. Effective ownership structure. A good ownership structure is that the majority shareholder holds more than half or even more than two thirds of the shares. Without centralized ownership structure, there will be problems between shareholders, which must be devastating. Equity incentive is a reward to encourage managers and core employees to strive for the same goal in Qixin. Its purpose is to solve the problem of incomplete interests in the principal-agent relationship between company shareholders and professional managers, so that professional managers are more concerned about the interests of shareholders and their interests are as consistent as possible.