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This is one of those ideas that sounds good when you apply it to everyone else. Personally I want to own my shares immediately. You never know what's going to
by portLAN 19y ago
This is one of those ideas that sounds good when you apply it to everyone else.
Personally I want to own my shares immediately. You never know what's going to happen and what technicalities will let VCs/the board/others fire you before you're vested.
- drusenko 19y agothat's what the double trigger is for
- portLAN 19y agoI still wouldn't trust the small print not to taketh away. Typically it involves something like accelerated vesting as long as you're not fired "for cause"; but who's to say what kind of charges might be trumped up to get around it? In which case, you'd want a clause covering departure for any reason -- but then you might as well be vested from the start anyway.