Shares and Equity

Menlo is employee-owned. The people building Menlo own a meaningful percentage of the company over time.

Distributions

Every 6 months, Menlo distributes 1% of company equity among its team members:

• Dec 2023: 1% distributed among 10 team members (1 part-time)
• June 2024: 1% distributed among 15 team members (4 part-time)
• Dec 2024: 1% distributed among 18 team members (5 part-time)

Distributions are performance-based, and cover both full-time and part-time team members and open source contributors.

This schedule is subject to change based on the discretion of the board.