4 ms·
My retention equity grant after an acquisition was 10/20/30/40. I just left after 2 years partially because I realized that the schedule was insulting and I had
by seattle_spring 11y ago
My retention equity grant after an acquisition was 10/20/30/40. I just left after 2 years partially because I realized that the schedule was insulting and I had barely vested a small slice of the pie.
- devrelm 11y agoYeah, the only way I would go along with something like that would be if I received a higher percentage than what is currently standard. I would expect something like double the percentage associated with a 4/1 deal.
- beninato 11y agoI think what Sam Altman suggested was give more stock but have it backloaded on the vesting.
- rdl 11y agoI have a 2 year cliff (which I would hit 2 June 2016) on 4 year vest. I would not recommend this to anyone on either side of any transaction.
- beninato 11y agoI've never seen a 2 year cliff. Can you say what company?
- rdl 11y agoNot standard at the company. Unique as part of acquisition.
- beninato 11y agoGot it thanks. There are all sorts of nonstandard things that happen after acquisitions. Too hard to capture those here.
- rdl 11y ago1/2/3/4 is much more common in acquisitions than it is anywhere else, so maybe the dystopia that is these kind of deals will become the norm for regular hiring.