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And there really isn't any free lunch. Extended exercise periods have a real cost to everyone that stays (the people who are increasing the value of the option
by terravion 10y ago
And there really isn't any free lunch. Extended exercise periods have a real cost to everyone that stays (the people who are increasing the value of the option) at no cost to the departed person.
- kylec 10y agoMost employees will leave their employer at some point. It's not as though there are employees here that are paying the cost but not receiving the benefit.
- rdtsc 10y agoRight but the person who left was their earlier, during a riskier time, then probability of failure was greater. So they jumped in when others might have thought twice (remember most startups fail). Aren't those options a reward for that?
- st3v3r 10y agoWhat? No they don't.