4 ms·
Not if they haven't passed the cliff. Unvested options forfeit.
by sk5t 5y ago
Not if they haven't passed the cliff. Unvested options forfeit.
- sk5t 5y agoThis seems to be a very unpopular comment. But why--is the common case of losing (err, "returning to the employee option pool") unvested options at separation controversial, or have I done something offensive by pointing it out, or do y'all actually not agree with the accuracy of this?
- TechBro8615 5y agoProbably because it was a non-sequitur to my comment. My point was that without a cliff, even employees who you terminated after three months will vest options that they can exercise for shares on your cap table. It’s irrelevant that they also have unvested options at that point. It’s the vested options that lead to the managerial overhead of a polluted cap table.