3 ms·
I haven't heard of early hires being fired because their performance didn't match the amount of equity they got. All Sam's really saying is that if someone tur
by pg 13y ago
I haven't heard of early hires being fired because their performance didn't match the amount of equity they got. All Sam's really saying is that if someone turns out to be so bad that you have to fire them, vesting means they won't have cost you any equity.
- tptacek 13y agoI think we read Altman two different ways. I read him as saying that engineers should be issued drastically more equity, and that firing before cliff should be used to ensure that middle-of-the-road developers don't end up eating too much of the equity.