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I've written several times in the past that only companies with substantial negotiating leverage against the gatekeepers of capital can afford to buck what is c
by hkmurakami 10y ago
I've written several times in the past that only companies with substantial negotiating leverage against the gatekeepers of capital can afford to buck what is considered standard.
Hence we've only seen the hottest companies achieve 7-10 year exercise terms. https://github.com/holman/extended-exercise-windows https://github.com/holman/extended-exercise-windows
I've argued that as a cohort, YC is the best candidate to make a large push against VCs and make 7-10 years vesting terms an industry standard. Learning that this is now the case is incredibly exciting. https://news.ycombinator.com/item?id=11198991 https://news.ycombinator.com/item?id=11198991
harj 119 days ago | parent | on: Fixing the Inequity of Startup Equity
We're excited to make 10 years the new standard option exercise window for startup employees. Each of us have personally experienced someone close to us dealing with the stress of trying to exercise their options within 90 days and it sucks.
We'd like to see more companies making this change, we'll be keeping the public list of YC companies who have either implemented or pledged to implement an extended window, updated here: https://triplebyte.com/ycombinator-startups/extended-options https://triplebyte.com/ycombinator-startups/extended-options