4 ms·
4 year lock-in only applies to non-execs? What is it for execs? With this, an engineer at a startup has a worse deal?
by kloncks 13y ago
4 year lock-in only applies to non-execs? What is it for execs?
With this, an engineer at a startup has a worse deal?
- vabmit 13y agoI'm sure it's situation dependent with execs. If you have a very mature company in a new vertical w/ significant revenue (like a YouTube) and they want you to continue to run the product that would be a very different situation than a small acquihire where the execs may just be essentially engineers or dev team leaders at Google. Of course, the execs likely organized their start-up governance in a way that gives them negotiating strength in the deal. I can't imagine a start-up where the engineers would be involved in the negotiation and decision making beyond their own transition/retention.
- yekko 13y agoLots of execs go on and found the next startup when the deal closes.