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In this podcast, Declan Bradley, an employment lawyer at Clayton, discusses equity participation for employees, particularly for tech startups and growth businesses. He introduces Euan Ferguson, a consultant and equity expert, to explore the significance of share option schemes. Startups often have limited financial resources and may compensate employees and consultants with equity stakes instead of traditional salaries. This approach can attract talent while balancing cash flow. The conversation emphasizes the importance of understanding equity packages for both startups and prospective employees.