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Do any startups still do reverse vesting with an 83b filing?
by rdouble 15y ago
Do any startups still do reverse vesting with an 83b filing?
- bankim 15y agoDo you mean do startups allow employees to forward exercise options and file for 83b? If yes, I'm interested in knowing that too.
- rdouble 15y agoYeah. I had one like that but have really never heard of it happening anywhere else.
- bankim 15y agoMay be this deserves to be a separate question on HN :)
- jconley 15y agoYup, I had one recently. The company had buyback rights at the strike price of the options that were equivalent to typical vesting terms. So, a 1 yr cliff, 4 year monthly vest. I.E. Any time in year 1 they had the right to buy them all back for exactly what I would have paid to exercise.