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Yep - your options trickle in over a vesting period. Typically there’s also a ‘Cliff’ at the start - a period during which no options are available to you. ad
by johnzim 5y ago
Yep - your options trickle in over a vesting period.
Typically there’s also a ‘Cliff’ at the start - a period during which no options are available to you.
addendum: the ‘standard’ Silicon Valley stock option deal is: 4 year vest, 1 year cliff.
Eg: first 12 months, no options
Day 1 of 13th month - 25% of your options are available to you
Then the rest of the 3 years vest at a regular pace with the remaining 75% of your options dropping on a monthly cadence
The exception being Amazon who basically give you nothing for 2 years and then ramp up significantly.
- joshuamorton 5y agoWorth noting that Google and Facebook no longer have a cliff, and Google has also started experimenting with frontloading your initial vest (something like 40/30/20/10) to avoid the "dreaded" fifth year drop.