💰 Equity and option grants

Frameworks for sizing option grants, refresh grants, and equity compensation

Sizing option grants

This article presents a framework for valuing option grants and determining how many options to offer new hires and for refresh.

There’s also this post from Paul Graham that describes a model from the founder perspective on how to value your options.

Refresh and promotion grants

This article from Carta goes into detail about companies typically do refresh grants, and the different types of refresh grants: traditional and boxcar.