3 ms·
> You neither benefit significantly nor lose significantly as the stock moves around. I've never in my life seen an equity plan like it, and that's not a commen
by acchow 4y ago
> You neither benefit significantly nor lose significantly as the stock moves around. I've never in my life seen an equity plan like it, and that's not a comment on whether it's good or bad, just that it's unusual.
I thought Stripe moved to this compensation model last year
- tyre 4y agoYes we have this (I work at Stripe). It is an annual recurring grant that has a one year cliff then renews automatically to vest quarterly. Say you get an offer with $100k in RSUs. That’s then divided by the stock price and that’s your initial grant. It vests in one year. After that you would do the same math again, except this time 1/4th vests quarterly. It has pros and cons. It works well in challenging macroeconomic environments for the reasons others have mentioned.