Initially, the size doesn't matter. Just make sure that the pool is big enough to allow flexibility. As you raise capital, the size does make a difference because investors will determine the price per share based on the diluted capital number.
PRESS RELEASE
6 February 2020
WilmerHale Partner Mick Bain: The Size Of Options Plans2 (Video)
Initially, the size doesn't matter. Just make sure that the
pool is big enough to allow flexibility.