What’s the best way to make employees have skin in the game? Giving them a true chance at ownership. This is what employee stock ownership plans are all about.

An impressive 85% of Latin American startups have already set up an ESOP. That’s the headline of a study by Caravela Capital, Norte Ventures, and Credit Saison.

But there’s still a lot to be done. This episode is all about tactical advice when setting up an employee stock option plan for your startup. What you’ll hear:

— When to kick off an ESOP;

— How to mix salary and equity for employees, and define who can access stock options;

— How to mix ownership and cashing out for founders;

— What we think about the current vesting schedule;

— And even more tactical advice on building an ESOP.

My name's Brian Requarth and this is the Latitud Podcast. Vamos, LatAm!

Building good sh*t in Latin America?

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Why LatAm? ESOPs with Norte Ventures and Credit Saison