In a webinar with MyStartupEquity, Siddarth Pai (Founding Partner & CFO of 3one4 Capital) spoke about the importance of equity grants (such as ESOPs) in startups. From a VC perspective, Siddarth talked about:
- The significance of reserving equity pools for employees
- Best practices that early-stage startups can follow
- Equity grants as a reward scheme & employee retention tool
Siddarth suggests that founders should build their equity grant pools as soon as they can and have an ESOP liquidity programme in place to generate liquidity for employees at periodic intervals because just ESOPs “don’t pay the bills”. Siddarth says,
To understand this better, watch the full webinar here:
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