4min chapter

CFO Bookshelf cover image

What's the Book on Phantom Stock?

CFO Bookshelf

CHAPTER

How Do I Write a Letter to a One % Shareholder?

There are only a limited number of ways to look at it. One is a fixed percentage, right? If you have one or two people, you give one, two % to each of them, youre fine. But if you have a plan, a phantom plan, where each unit in the phantom plan represents a one % interest in the company, and you start off with one or two, but then you lose track, nyou keep giving these away to other, you know, other employees. As you become successful, and you don't really keep tract soon enough, you might accidentally have given away 20 % of the company. So what i'll do is i'll just set up

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode