4 ms·
You should be getting RSUs, not options as first employee. And negotiate for single trigger acceleration. And really, just don’t do business with these folks,
by dpeck 9y ago
You should be getting RSUs, not options as first employee.
And negotiate for single trigger acceleration.
And really, just don’t do business with these folks, 4 year cliff is way out of ordinary and hostile to you. You’ll have a much better few years elsewhere and there is little to no chance of success with these folks if they’re fumbling on basic recruiting.
- vinaypai 9y agoThere is practically no difference between options and RSUs early on when the value the company is low and the strike price is (or at least should be) minimal.
- dpeck 9y ago83b seems like a practical difference to me if you hope to cash them out.
- matt_the_bass 9y agoWhat is 83b?
- matt_the_bass 9y agoYeah a trigger for full vetting upon a variety of events is a key point to have as well.