4 ms·
We should normalize tech companies vesting monthly. Everything else is a scam to pretend like you have good wages when you really don't. I get at startups - t
by onlyrealcuzzo 3y ago
We should normalize tech companies vesting monthly.
Everything else is a scam to pretend like you have good wages when you really don't.
I get at startups - there's some artificial need to keep the number of people on the cap table low. I'm not sure why one of the cap lines can't be "EMPLOYEE EQUITY" which is a company (like a VC company) where the shares are distributed by that company to the employees in accordance with their contracts...
This is a problem that could definitely be solved, but like most "problems" - it's working as intended - to give employers the optionality to clawback your equity if it ever really does become worth a ton and they don't like you.
- ZoomerCretin 3y agoI think Amazon's 4-year vesting schedule is 5%/15%/40%/40%, so monthly vesting wouldn't help much.
- scarface_74 3y agoThe first two years are great because you get a large prorated monthly signing bonus to make up for the back heavy vesting.