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In this podcast, Declan Bradley, an employment lawyer at Clayton, discusses equity participation for employees, particularly through share option schemes. He introduces Euan Ferguson, a consultant and equity expert at Clayton. They highlight that many startups, facing initial financial constraints, often compensate employees and consultants with equity stakes instead of traditional salaries. This approach helps attract talent while managing limited funds. The conversation emphasizes the importance of understanding equity packages for both startups and potential employees, noting that it is a common focus during negotiations.