What’s the best way to make employees have skin in the game? Giving them a true chance at ownership. This is what employee stock ownership plans are all about. An impressive 85% of Latin American startups have already set up an ESOP. That’s the headline of <a href="https://www.stateofesops.com/latam2024">a study by Caravela Capital, Norte Ventures, and Credit Saison</a>.But there’s still a lot to be done. This episode is all about tactical advice when setting up an employee stock option plan for your startup. What you’ll hear:— When to kick off an ESOP;— How to mix salary and equity for employees, and define who can access stock options;— How to mix ownership and cashing out for founders;— What we think about the current vesting schedule;— And even more tactical advice on building an ESOP.My name's Brian Requarth and this is the Latitud Podcast. Vamos, LatAm!Building good sh*t in Latin America? <ul> <li>Learn about how Latitud can help you at <a href="https://latitud.com">latitud.com </a> </li> <li>Discover and pitch <a href="https://www.latitud.com/ventures">Latitud Ventures</a>, your partner from 0 to 1 and beyond</li> <li> <a href="https://updates.latitud.com/newsletter">Sign up for our weekly newsletter</a> for founder insights and some tough love</li> <li>And follow us on <a href="https://www.linkedin.com/school/latitudlatam">Linkedin</a> / <a href="https://www.instagram.com/latitudlatam">Instagram</a> / <a href="https://open.spotify.com/show/0dnDFI8sk9veyQ3yJwr2cm">Spotify</a> to stay in the loop</li> </ul>

What’s the best way to make employees have skin in the game? Giving them a true chance at ownership. This is what employee stock ownership plans are all about.  An impressive 85% of Latin American startups have already set up an ESOP. That’s the headline of a study by Caravela Capital, Norte Ventures, and Credit Saison. But there’s still a lot to be done. This episode is all about tactical advice when setting up an employee stock option plan for your startup. What you’ll hear: — When to ...

Why LatAm? ESOPs with Norte Ventures and Credit Saison