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In this podcast, Declan Bradley, an employment lawyer at Clayton, discusses equity participation for employees with consultant Euan Ferguson. They highlight that tech startups often have limited funds, leading them to offer equity packages as compensation instead of traditional salaries. This approach allows startups to attract talent by giving employees and consultants a stake in the company's ownership. Bradley emphasizes the importance of understanding sharing options schemes and how they can effectively motivate and retain employees in a startup environment.