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According to the story, Stripe has been compensating employees with double triggered RSUs
by snotrockets 4y ago
According to the story, Stripe has been compensating employees with double triggered RSUs
- tyre 4y agoBut not from ten years ago. Initially everyone was on options (ISOs) then moved to double trigger RSUs, around 2017 iirc
- kgwgk 4y agoAccording to the story, Stripe's need to withhold billions in (employee's) taxes is related to (waiving the second trigger in) the double triggered RSUs it has been using to compensate them.
- elbigbad 4y agoTypically a company starts with ISOs or similar, and then moves to RSUs when they are confident there will be an IPO or other liquidation event in the foreseeable future. In this case, Stripe did that, and only later started issuing RSUs.