The Right Way to Grant Equity to Your Employees

"The defining difference between Silicon Valley companies and almost every other industry in the U.S. is the virtually universal practice among tech companies of distributing meaningful equity (usually in the form of stock options) to ordinary employees.

Before companies like Fairchild and Hewlett-Packard began the practice fifty years ago, distributing stock options to anyone other than top management was virtually unheard of. But the engineering tradition that spawned Silicon Valley was much more egalitarian than traditional corporate culture."

— Steven Johnson, The Peer Society

by: Andy Rachleff

Read more: http://firstround.com/article/The-Right-Way-to-Grant-Equity-to-Your-Employees?utm_source=Firstround.com+Library&utm_campaign=16de398e0c-The_Right_Way_to_Grant_Equity_to_Your_Employees&utm_medium=email&utm_term=0_d9bb43e05b-16de398e0c-72188449#ixzz2lCWwqyaa