Re:Guide to Your Equity
by blizkreeg on Friday October 09, 2015 @03:12PM
(#10362600)
What is the reason for an expiration so short (30 days) after you leave (or are terminated involuntarily)?
It would be so highly unfair that after joining as an early employee and getting somewhere around 1-2%, if you leave after 4-5 yrs, that all your options expire 30 days after. I understand you can execute them but circumstances or policies may be such that it may not be favorable to do so.
I'm starting to think equity is essentially a sucker's game and you'd be stupid to play it and hope to win the lottery. A good salary and profit-sharing is just way better any day than the hope of overnight striking it rich one fine day.
It would be so highly unfair that after joining as an early employee and getting somewhere around 1-2%, if you leave after 4-5 yrs, that all your options expire 30 days after. I understand you can execute them but circumstances or policies may be such that it may not be favorable to do so.
I'm starting to think equity is essentially a sucker's game and you'd be stupid to play it and hope to win the lottery. A good salary and profit-sharing is just way better any day than the hope of overnight striking it rich one fine day.