Equity
定義
Equity is ownership in a company, represented by shares. Startup equity comes mainly as common stock (founders, employees) and preferred stock (investors).
資金調達における位置づけ
Fundraising is selling equity for capital; compensation below market is offset with employee equity; every structural decision eventually cashes out through who owns what.
よくある質問
What is the difference between common and preferred stock?
Preferred stock carries investor protections like liquidation preferences and anti-dilution; common stock is what founders and employees hold.
How is startup equity taxed?
It depends on instrument and jurisdiction; in the US, early exercise, 83(b) elections, and QSBS treatment materially change outcomes, so get specific advice early.