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In this tutorial, Declan Bradley, an employment lawyer at Clayton, discusses equity participation for employees, specifically focusing on share option schemes for tech startups and growth businesses. He highlights that these startups often have limited funds at the beginning and may offer equity instead of higher salaries to attract talent. Alongside him is Youg Ferguson, an equity consultant, who notes that many startups and potential employees prioritize equity packages as part of their compensation. The discussion emphasizes the importance of understanding these equity options and their implications for both startups and employees.