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Inside Entrepreneurship: Noncash pay should reward patience

May 9, 2008 /

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LAST WEEK, I featured a question from an architect who wanted to understand the implications of accepting stock options or common stock in a privately held startup retail company in lieu of cash compensation. He valued his work at approximately $100,000.

The issuance of stock options, common stock or some combination package is a very common form of noncash compensation to founders, first employees, board members, advisory board members and consultants.

By SUSAN SCHRETER
SPECIAL TO THE P-I

Full Story: http://seattlepi.nwsource.com/business/362304_schreter09.html

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