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That's awesome, glad to see Coinbase leading the charge on employee equity! We've just implemented something similar at Amplitude as well. The 90 day exercise
by sskates 11y ago
That's awesome, glad to see Coinbase leading the charge on employee equity! We've just implemented something similar at Amplitude as well.
The 90 day exercise window is one of the biggest "gotchas" of equity compensation, especially for employees who are new to startups. Extending it to 7 years allows the company get far enough along towards liquidity so the employee knows more about whether it's worth it to exercise as well as not forcing them to come up with a lot of cash on short notice. Really glad to see Coinbase taking a stand for fairer compensation for employees.