Introducing: Equity Blocks

Equity upside is one of the main reasons employees join startups, but they often wait weeks or even months to receive their equity grant. The longer they wait, the less the grant feels like a meaningful and real part of their compensation. 

The traditional board approval process of waiting for the next meeting to review and approve grants causes the slowdown, even though board members would prefer to focus this time on more important matters like company strategy and growth projections.

Now, Boards approve AngelList Equity Blocks in advance so standard grants no longer require individual board approvals.

The end result? Employees receive their equity on day one, and board meetings stay focused on topics crucial to company growth.

What’s Included

AngelList Equity Blocks allow companies to move faster while staying compliant with existing Delaware corporate law. Equity Blocks are built within AngelList Equity’s cap table software so you can seamlessly:

• Configure the Equity Block: Align with your board to set constraints like max units per grant, vesting schedules, block expiry, and more so you're ready to issue equity instantly.
• Get board approval: Set delegates, send to board for approval, and collect e-signatures within a few clicks.
• Grant equity quickly: Grants are then executed as long as they comply with the Equity Block’s constraints. You can also connect HRIS to auto-draft grants without having to re-enter data.
• ‍Keep the board updated: Boards can receive Equity Block reports to stay in the loop, a superior approach to hearing about grants at periodic board meetings.

‍

Learn more about Equity Blocks and join the waitlist.