Joel Spolsky on allocating ownership in your startup
Do the founders get the equity in the meantime before the future "stripes" are granted?  e.g, let's say after two rounds of 10% employee equity, the company gets acquired, leaving 30% that had been set aside for future rounds of employee equity, but never granted. I'm assuming the founders would split the remaining 30%?  Curious if anyone had insight into why this would not be the case.