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Founder, similar stage, though haven't encountered what you have. Read through your other replies. I would grant them the equity. It's on you for not firing th
by dopeboy 4y ago
Founder, similar stage, though haven't encountered what you have. Read through your other replies.
I would grant them the equity. It's on you for not firing them earlier - don't make them pay for that mistake.
- mberning 4y agoI agree. OP has done themself no favors by kicking the can down the road. It was cruel to let them carry on this long without consequences. There is no need to heap on another cruelty. The fact that OP even has to wonder about this is depressing. You’re the boss. The buck stops with you. And that includes holding yourself accountable.
- steve_mcdougall 4y ago+1 to this. It seems that the underperformance was known well before this milestone. The only reason OP wishes to terminate the employee now is purely because the vesting date is approaching. Termination sans vesting sends a bad message to the rest of the employees. This is a bed OP may need to sleep in to save face.
- ido 4y agoGive them pro-rata equity. if the cliff was on 1 year and they were fired 11 months into it, give them 11/12th of the promised equity and fire them today.