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You can't give 15 people 15% each, that comes out to 225% of the equity. Or is he saying that the 15 people will split the 15%? Because 1% that doesn't vest unt
by bcbrown 13y ago
You can't give 15 people 15% each, that comes out to 225% of the equity. Or is he saying that the 15 people will split the 15%? Because 1% that doesn't vest until a liquidity event isn't that special, it seems to me.
I would not work for this company.
- oijaf888 13y agoYou wouldn't work for a company that gives you an extra 1% of equity on top of your normal grant? Why not?
- 21echoes 13y agothere's no indication that your normal grant would not be made in light of the additional 1% grant on the table if you stay thru IPO. The article even says that "the majority of Opsmatic’s employee stock — 15 percent of the company — is allocated to the DSP" so there's not particularly much employee stock outside of the DSP available for your "normal grant"
- deleted 13y ago[deleted]