4 ms·
Wow. How'd they make you pay upfront and still make you wait & vest? This makes no sense.
by break_the_bank 4y ago
Wow. How'd they make you pay upfront and still make you wait & vest? This makes no sense.
- chowchowchow 4y agoThis is actually a great deal when the exercise price is low enough. You pay a nominal-ish amount up front to exercise early and all gains are LTCG. It is not a good deal in any situation where you’re not getting in close to the ground floor though, if the exercise cost itself is substantial.
- gkoberger 4y agoFor what it's worth, this is how it works for founders too. The amount you pay is stupidly small (usually well under $100), since the strike price is essentially $0. There's no legal designation for founder when it comes to stock, so this person just got the same deal the founders did.