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I've really appreciated how Quora handled stock options, especially in contrast to all these horror stories. Quora uses 10-year exercise periods[1], and provide
by rcheu 10y ago
I've really appreciated how Quora handled stock options, especially in contrast to all these horror stories. Quora uses 10-year exercise periods[1], and provided me with a spreadsheet regarding what the outcome for me would be given some valuation and dilution (with some example outcomes from other companies of similar size). The last round of funding allowed employees to liquidate some of their options/stock as well.
[1] https://dangelo.quora.com/10-Year-Exercise-Periods-Make-Sense https://dangelo.quora.com/10-Year-Exercise-Periods-Make-Sens...