This post has interesting insights about how a board can motivate and retain founders who already have meaningful equity in a company.
For Kyle Holm, partner at Aon, it's all about assessing how the founder's stake is compared to the market.
The difficulty resides in analyzing competitive market data. Holm provides several recommendations and several factors to consider while looking at external data.
An interesting read for any founder likely to be in this situation with his board.
To answer this type of question, private company boards must understand the competitive market and nuances within competitive market data. Founder equity sparks a timeless debate in the private market world: Over time, how does a board motivate and retain founders who already have meaningful equity in a company?