I’m Florent, ex- YC founder (Skylights S16). I'm currently building https://quid.li with Justin (KPMG, Rocket Internet) and Gagan (Vetted, Origin Protocol).

Quidli allows business owners to create company equity plans and share equity with employees in just a few clicks.

We help business owners to fill all necessary details with user-friendly UX designed to help them understand the implications of their actions. Then, legally binding contracts are created and sent for signature to the appropriate persons via HelloSign.

Using Quidli, it's possible to complete, for free, an equity distribution to employees in less than 10 minutes. There's no need to involve a law firm or to spend a lot of time to understand all the legal details.

We're doing the following:

- For this MVP, we address only the case of C-corps in Delaware. This represents a majority of US startups so we can focus on making a great product for a single use case (YC style).

- Our templates offer the right degree of customization. There's less customizability than if you use your lawyer, but we boiled down the process to the absolute necessities so that using Quidli should be a no-brainer for startups.

- Our templates are built by a law firm we partnered with, and we put a lot of attention in being sure that neither a client company nor its employees will end up screwed by common pitfalls, like for example having to exercise options with no cash.

- Our process uses RSUs designed to vest at a company's exit. One of the main advantages is to protect the RSU owner from having to pay any taxes on their equity before their company reaches an exit event.

We just released our open MVP so we’d love to get feedbacks. Also, if you're interested in using it but would like to talk first, don’t hesitate to reach me directly: [email protected]

- Website: https://quid.li - Medium blog: https://medium.com/quidli - Product demo: https://youtu.be/050ATDSmQ3k

Thanks