I'm not sure how the equity is currently divided, but these are very good questions, thanks. The company had an A round and it has about 10-15 employees.

I should have said that founders are exposed to greater risk in the very early days of the company, but afterwards the chance of meaningful financial payoff for employees becomes much smaller. Most startups won't be the next Google or Ebay, and I think they should take that into consideration when incenting their employees with stock options.