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Ask HN: Do you really issue 10M shares at incorporation?

1 pointsby brittpart_almost 4 years ago
Hey there - I&#x27;m doing some research on how many shares you should &quot;create&quot; at incorporation to issue to your cofounders. I&#x27;ve talked to a few people who say the number is arbitrary and that you can increase the number of shares issued with a board resolution before a priced round; I&#x27;ve also read that it&#x27;s common to issue 10,000,000 shares initially (still before a priced round).<p>Are there any ramifications for not issuing enough shares and needing to add more, and, vice versa - issuing too many?<p>Thanks!

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