5 ms·

The worst is : company failing or you getting laid off. This downside protection is a crappy deal.

• ido 5y ago
  Yeah but with a 1 year vesting instead of 4 you may be able to cash out before the bubble bursts.
  • ergocoder 5y ago
    Vesting schedule is the same. Did you think you have to wait 4y to get stock?
    • ido 5y ago
      As far as I understand the article instead of getting 1/4 the stocks each year for 4 years they get it all at once, hence after 1 year you get 100% of the stock instead of 4. Is that not what was meant?
      • ergocoder 5y ago
        You get 100% of the stock worth 1y after 1y Stripe, for example, gives out around 300k-350k per year for senior AVG. Back then for 4y equity, 1y was worth around 250k initially.