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How do you feel about options that can be exercised for 7+ years after you leave? Does that change your calculus at all.
by Eridrus 3y ago
How do you feel about options that can be exercised for 7+ years after you leave? Does that change your calculus at all.
- jjav 3y agoYes, that would make mid-growth startups more attractive to join. I know a few startups have done that but I haven't encountered one yet. Also, wasn't there a scandal a few years ago of a startup that promised that and later canceled? So would have to see the contractual wording carefully.
- Eridrus 3y agoI didn't hear about this, nor could I find anything specific on Google. I did find that apparently some companies have pretty aggressive clawback clauses, which is a huge yikes from me. Anyway, I think if you ever do talk to a mid stage startup, you should tell them this is what it would take to convince you. More people demanding it will likely cause the market to move.