A big one is missing in this article: The clawback provision. In 2011, when Microsoft bought Skype for $8.5 billion (that’s a B), some former employees and exe

A big one is missing in this article: The clawback provision. In 2011, when Microsoft bought Skype for $8.5 billion (that’s a B), some former employees and executives were outraged when they found that their equity was worth $0 because of a clawback in their equity documents. “The only mention that the company had the right to buy if he left in less than five years came in a single sentence toward the end of the document that referred him to yet another document, which he never bothered to read.” https://stockoptioncounsel.com/blog/standards-ownership-canthecomanytakebackmyvestedshares https://stockoptioncounsel.com/blog/standards-ownership-cant... https://www.forbes.com/sites/dianahembree/2018/01/10/startup-employee-alert-can-your-company-take-back-your-vested-stock-options/?sh=28bd405b6e49 https://www.forbes.com/sites/dianahembree/2018/01/10/startup...