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so basically unvested stock are in no way a compensation for joining an early stage startup and the many draw backs of doing so. why are companies allowed to f
by exit 15y ago
so basically unvested stock are in no way a compensation for joining an early stage startup and the many draw backs of doing so.
why are companies allowed to fool people into valuing this offer at all?
- ericd 15y agoThat's not true at all. If you're good enough that they want to keep you around, then you automatically vest your stock. They're just not giving you x% of the future value of the company up front, and it shouldn't be thought of that way when joining.
- nknight 15y agoBut therein lies the conflict: They don't want to fire these people. They want them to keep working for Zynga, but not vest their options. This isn't Zynga saying "I'm sorry, you're not pulling your weight, I'm going to have to let you go.", this is Darth Zynga saying "I am altering the deal, pray I don't alter it any further.".