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'Smart' startup founders would then let these 12% coders go by the end of their vesting period. Problem solved... Early hires should rather be focusing on care
by ajarmoniuk 15y ago
'Smart' startup founders would then let these 12% coders go by the end of their vesting period. Problem solved...
Early hires should rather be focusing on career perspectives given the chance of the growth of the company they're working for.
- michaelochurch 15y agoVesting is usually quarterly. If someone gets fired at 4 years minus a day, that's still 15 quarters. An equity "cliff" that is more than 6 months is an unfair and unreasonable term.
- kelnos 15y agoAre you talking in general, or for very early employees? My understanding is that a 1-year cliff is standard (with monthly vesting after that). That's what everyone (including employee #1) got at a startup I worked for. (Of course I'd never consider that company a good example to follow wrt to treating employees with respect.) If it's customary at least for early employees to get better terms, that'd be (awesome) news to me.