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I've always been curious, what happens if they just let these shares just expire? It wouldn't look great for Stripe, but presumably they would just get back for
by georgelyon 4y ago
I've always been curious, what happens if they just let these shares just expire? It wouldn't look great for Stripe, but presumably they would just get back for free (modulo taxes) any shares employees could not afford to exercise. The value of those shares alone could be pretty enticing to the people in charge.
- mertd 4y agoGood luck hiring or retaining anyone after that while Stripe is still private.
- ojbyrne 4y agoI think the point the previous commentator was trying to make was, why can't they let them expire and issue new options/RSUs of equivalent value to the same people.
- deleted 4y ago[deleted]
- superzamp 4y agoMy understanding is that the delta between their strike price and the current valuation would be seen as capital gain and taxed accordingly.
- postalrat 4y agoThats a lot of money they don't need to pay that could be used to hire and retain people.
- snemvalts 4y agoStripe's compensation is notoriously option heavy, almost like it were a public company https://www.levels.fyi/companies/stripe/salaries/software-engineer https://www.levels.fyi/companies/stripe/salaries/software-en...
- csomar 4y agoI'm guessing this would affect older/first employees the most. These likely have more political weight around the company. In a pragmatic world, they'd just let them expire.