How do I set the strike price for option grants?

By Rick Colosimo / August 9, 2016 /

When the board makes option grants, it has to set a strike price – the exercise price for each option. (NB: this applies equally to stock options for corporations and unit options for limited liability companies, so don’t get thrown off by the terminology.) How does the board do this? You look at the plan,…

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Startup-NY is over-complicated and will under-deliver

By Rick Colosimo / February 19, 2014 /

A friend recently asked me about Startup-NY, New York’s new program ostensibly designed to help foster startups. As you might expect, the bark is better than the bite. Fundamentally, there are a bunch of complicated rules, exceptions, and requirements, and some conveniently unstated limits. Now, since I think the prerequisites will gut most of the…

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