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After raising a Series B of $90 million, new employees would be getting probably, at most, 0.05% over four years, or vesting around 0.01% on their one-year clif
by calcsam 10y ago
After raising a Series B of $90 million, new employees would be getting probably, at most, 0.05% over four years, or vesting around 0.01% on their one-year cliff.
I can't imagine how the founders thought that firing tens of key employees in order to retain an extra fraction of a percentage point made financial sense.