Such allocation is agreed upon between founders and investors. Of course, founders and investors can take 100% of the shares. The reason for which the pool is reserved, is they realize the power of stock option as vital to the retention of employees.
When company is formed, a pool of stocks is reserved for future employees as incentives. Usually, it's around 20%. -- seaturtle - (250 Byte) 2004-4-09 周五, 06:16 (377 reads)
