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Wouldn't it make more sense if I chose 0 equity and all salary, but then bought equity with my excess salary? Now there's no vesting period. I get it all now ju
by silverlake 13y ago
Wouldn't it make more sense if I chose 0 equity and all salary, but then bought equity with my excess salary? Now there's no vesting period. I get it all now just like an investor.
- wpietri 13y agoYou'd be paying with post-tax dollars rather than pre-tax dollars, and you have to be an accredited investor [1] for it to be legal. If somebody really had said, "I want to bet my whole salary on the company," I'm sure we would have be happy to accommodate them with a deal that was fair. There'd still be a vesting period, of course, for the same reason you don't get your annual salary up front on the first day. The tricky question would be the cliff, but I'm sure something could be worked out. [1] http://en.wikipedia.org/wiki/Accredited_investor#U.S._criteria http://en.wikipedia.org/wiki/Accredited_investor#U.S._criter...
- randomdata 13y agoAccording to your link, you only need a $200K income to qualify, which you could reasonably expect in the midst of a real engineer crunch.