Welcome to the most flattering part of your offer letter: the part where you find out the building has your name etched, somewhere, in very small but very real font, on the deed.
We do not believe in the kind of company where two people own the upside and forty people own the calendar. The math is uglier than that. So every operator gets equity. Not symbolic equity. Not a gold star with a percent sign next to it. Real, vesting, dilution-aware, please-read-the-grant-letter equity that behaves like a grown-up financial instrument.
The mechanics, briefly and with mild glamour: a four-year vest, a one-year cliff, refreshed grants at promotion and at notable acts of bravery. Dilution happens; we tell you exactly when and by how much. Liquidity, when it arrives, arrives for everyone on the cap table — not just the people whose names you've heard.
What happens at exit, acquisition, or continued operation? You get paid. The same triggers fire for the founder and for the operator who joined in year five. The pie does not get re-cut at the door. That's the entire point of writing it down this carefully.
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