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How does vesting solve that? Which would you rather have (giving a simple example of 1% options vested over 4 years) - 0.25% in 4 different companies or 1% in 1
by snowwolf 10y ago
How does vesting solve that? Which would you rather have (giving a simple example of 1% options vested over 4 years) - 0.25% in 4 different companies or 1% in 1?
This is essentially the argument against 10 year exercise windows - it allows exactly the above scenario.
- mywittyname 10y agoIf your vesting cliff is 1 year, then people who job hop after 8 months get nothing. Thus discouraging people from bouncing around to collect equity because there is a minimum tenure needed to collect. Just set the cliff to match your definition of "bouncing around jobs".