14 ms·
From my personal experience, it's not just about vesting. It's about energy. For many folks, after 3-4 years, things just aren't the same. Jeff's baby is all
by yarone 15y ago
From my personal experience, it's not just about vesting. It's about energy. For many folks, after 3-4 years, things just aren't the same.
Jeff's baby is all grown up. He's poured his heart and soul into this thing. Time to catch his breath, refocus priorities, and move on to something new.
- raganwald 15y agoPerhaps (I am speculating, not dictating) this is exactly why four-year vesting periods work. If a large chunk of people burn out or get bored after four years, a five year vesting period would create sullen, unproductive boat anchors. A three year period would have people jumping ship to found something new while they are still able to bring their prowess to bear growing the company. But after four years, both parties have maximized their gain from each other.