Every equity issuance has to be approved by the board. When it comes to option grants in particular, there's a few things that you want to make sure if it's coming out of the plan. It's really important if you're gong to have a board meeting, reach out to your council a few days in advance. Give your counsil the heads up of hay, these are the three things we want to get approved....
Check out the Legal Basics playlist: https://rb.gy/f0bbv2
Check out our Startup Basics page: https://thisweekinstartups.com/basics
Check out Wilson Sonsini: https://wsgr.com
FOLLOW Wilson Sonsini: https://twitter.com/wilsonsonsini
FOLLOW Jason: https://linktr.ee/calacanis