3 ms·
why do you say years? wouldn't all the earliest employees be partially vested right now, and vesting more each month? and as long as the share price stays bubbl
by brosephius 15y ago
why do you say years? wouldn't all the earliest employees be partially vested right now, and vesting more each month? and as long as the share price stays bubbly through the end of the lockup period they can cash out at/close to the top.
- dpapathanasiou 15y agoEvery deal is different, but it's not unusual for vesting to take four years.
- ojbyrne 15y agoBut it would be unusual for none of it to vest for four years. Typically a four year vesting means a 1 year cliff where nothing vests, at the end of which 25% vests. Then the rest vests at a rate of 1/36 each month.