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… but its not “vested equity” though? It’s “profit participation units”.
by aabhay 2y ago
… but its not “vested equity” though? It’s “profit participation units”.
- orionsbelt 2y agoEquity can refer to stock, options, PPUs, etc. The point is the valley norm is that the vested portion is yours to keep. Some private equity backed companies will be more aggressive and claw back vested, but that’s outside the norm for VC backed companies.