> What’s the consequence for employees? People with 3 years left of vesting RSUs. Will those keep vesting somehow? Or they’ll get an upfront payout? It varies.

> What’s the consequence for employees? People with 3 years left of vesting RSUs. Will those keep vesting somehow? Or they’ll get an upfront payout? It varies. I'll preface this by saying I am not privy to the specifics of this deal, but in general this depends on the terms of the options plan. Some employees may have their options accelerated upon triggering events like a change of control. Others may have options accelerated on a "double trigger" such as a chance of control followed by termination. > And what’s my incentive to work for an established private company with no stock growth prospect? I guess Twitter will have to pay 500k senior eng. salaries in cash instead of stock? You don't need publicly traded securities to have deferred compensation. Shares continue to exist even if the company is private and liquidity events can be structured to allow employees to cash out in a "controlled and deferred" fashion. Plus you could structure deferred compensation entirely without those liquidity events or shares for that matter. Just promise to pay people $X in Y years