Why the Instagram founders really quit

Re:Why the Instagram founders really quit by TheDom on Wednesday April 17, 2019 @09:16AM (#19682230)

A 6 year vesting schedule would be highly unusual. AFAIK it’s usually 2 (or maybe up to 4) years after an acquisition. Therefore I don’t think that this was a factor in his decision.

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Re:Why the Instagram founders really quit by weaklearner on Wednesday April 17, 2019 @09:29AM (#19682325)

I don't have a citation here but I think facebook tried to create a slow vesting schedule for these aquihires so they would have golden shackles

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Re:Why the Instagram founders really quit by the_watcher on Wednesday April 17, 2019 @11:13AM (#19683258)

Is this just your assumption? The WhatsApp acquisition was pretty famously on a 4 year vest [0], not sure why IG would have been different.

[0] https://www.businessinsider.com/whatsapp-founder-jan-koum-re...

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Re:Why the Instagram founders really quit by kerng on Wednesday April 17, 2019 @12:49PM (#19684215)

It's also not uncommon for companies to drop that and have majority vest quicker to get rid of founders faster (provide a good encouraging deal) - especially if they dont play ball.

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Re:Why the Instagram founders really quit by weaklearner on Wednesday April 17, 2019 @05:08PM (#19686496)

mmm I was pretty sure I read it. I cannot find the reference so I think you are right. I'm going to edit my comment.

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Re:Why the Instagram founders really quit by trevyn on Wednesday April 17, 2019 @09:27AM (#19682311)

Things are different at that high level. Not always “vesting” technically, but various retention bonus payout milestones.

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