It can be a very harsh outcome when you take a founder who had to restructure his equity grant (as a condition of the company's taking VC funding) by making the

It can be a very harsh outcome when you take a founder who had to restructure his equity grant (as a condition of the company's taking VC funding) by making the vast bulk of it subject to vesting and terminate him so as to cause the forfeiture of most of that equity. I believe Mr. Wilson's heart is in the right place in how he proposes that such situations be handled (accelerate some of the vesting, etc.), but this falls pretty heavily on any founder who has made valuable early-stage contributions at a time when the risks were at their highest and presumably for no pay or other reward besides that equity of which he will now be largely deprived. While such situations can potentially be handled fairly for all concerned, I have seen all too many instances where the motives of the persons handling the termination were less than pure, leading to harsh outcomes for founders who deserved better.