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I think it's starting to become companies' best interest to smarten up and offer a 10-year vesting schedule. Employees are wisening up to the unfair and unfavo
by jonny_eh 11y ago
I think it's starting to become companies' best interest to smarten up and offer a 10-year vesting schedule.
Employees are wisening up to the unfair and unfavourable conditions surrounding employee equity, thanks to blog posts like this. Companies offer equity to entice new employees, but if new employees see a 90-day exercise window as unfair, they'll start to ignore it. So either offer equity with a 10-year window, or don't bother offering equity, offer a better salary.
- geoelectric 11y agoDid you read the article? The core thesis is that your vesting schedule on paper doesn't matter because the company will take 10+ years to go public anyway. That's what they mean by a 10 year vesting schedule. The only discussion of an expanded exercise window is in mitigating the issue, as you could presumably leave after 4 years and then wait out the other 6+ elsewhere prior to exercising.