3 ms·
A year is a typical vesting schedule for stock options though.
by cbanek 10y ago
A year is a typical vesting schedule for stock options though.
- jacquesm 10y agoI read nothing about options in the article, did she mention those somewhere else?
- cbanek 10y agoI didn't either, but I mean, that's a very typical reason for people leaving near 1 year after a startup. And I'm almost certain Uber is offering some kind of equity package to engineers.
- jacquesm 10y agoSure, but until there is a liquid market that's worth $0. Who will you sell your newly vested shares to?
- cbanek 10y agoIt's not worth $0. At least not according to the IRS. But you're right, it's certainly a big gamble, although every year people rumor that Uber is going to go public.
- cbanek 10y agoOr you sell them on the secondary market, depending on the rules for the stock.
- praneshp 10y agoCan't you hold on to the shares even after you leave? Why would you have to sell your shares when they are newly vested? Especially if you chose to have 40% deducted right away.