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They automatically convert from ISOs to NSOs according to Sam Altman's post[1]: > There are some tricky issues around this—for example, the options will automa
by ssorallen 12y ago
They automatically convert from ISOs to NSOs according to Sam Altman's post[1]:
> There are some tricky issues around this—for example, the options will automatically convert from ISOs to NSOs 3 months after employment terminates (if applicable) but it’s still far better than just losing the assets.
[1] http://blog.samaltman.com/employee-equity http://blog.samaltman.com/employee-equity