If I Launched a Startup
I don't see the point of authorizing that many shares. I've always authorized 1,000 and initially issued 100 to the founders. 1,000 is enough to get the % breakdowns you need and you aren't charged for having that many shares: <a href="http://www.corp.delaware.gov/frtaxcalc.shtml" rel="nofollow">http://www.corp.delaware.gov/frtaxcalc.shtml</a>