Slightly off-topic: The title made me wonder if it was going to be about the vast difference in equity grants between founders and employees (oh well).<p>But back on topic, harj et al. what&#x27;s your opinion of Restricted Stock for early employees?  I believe the issue is just that granting Restricted Stock once the company &#x2F; share valuation is high enough is a <i>definite</i> tax impact.  But it seems like nearly every pre-Series-A company could give the early employees 100% Restricked Stock.  Is there some reason I&#x27;m missing that this never seems to happen?<p>Edit: s&#x2F;RSUs&#x2F;Restricted Stock&#x2F; since that&#x27;s what I actually mean (the weirdness of RSUs remains funny).