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John wants to start working on his new startup idea. However, he dont have any money to hire people and give them monthly salaries. Can

John wants to start working on his new startup idea. However, he dont have any money to hire people and give them monthly salaries. Can he hire employees on equity basis. Like can he not give them monthly salaries and just give them a share of the the company for each. If he can do this ,what will be this process called and attach a link from a website like indeed or glassdoor in which a company wants to hire like this.

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