This document discusses various considerations for structuring ownership in a company, including: 1. Recommending that 40-60% of stock be reserved for investors, and 5-10% each be allocated to the CEO and other executives, with 10-20% reserved for employees. 2. Discussing vesting schedules and repurchasing stock if an employee leaves before fully vesting. 3. Considering whether to create common and preferred stock, and if so what liquidation preferences to assign. 4. Determining if employee stock options should be created.