What is a good tournament structure for home games?

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Im going to have a tournament with some friends at home.
I have 150 white chips
150 red chips
100 green
100 blue
The blinds will increase every 7 hands (I don’t wanna do minutes, friends might get impatient)
I want to keep it simple so what do you think is a good chip value? And how deep should the stack be with bb? Should we start with 150bb or 100bb? Thanks

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