Re:Ask HN: Why do companies care about their own valuation?
by bruce511 on Thursday May 14, 2020 @01:30AM
(#23175687)
I guess that depends on your understanding of "vesting" - and my understanding may be faulty.
As I understand it, if I leave the business before the vesting I get nothing. When the stock vests it becomes mine.
A lock down of the stock then means I can't trade it, but it remains mine (regardless of whether I stay or leave.) Once the lock is lifted I could sell it.
As I understand it, if I leave the business before the vesting I get nothing. When the stock vests it becomes mine.
A lock down of the stock then means I can't trade it, but it remains mine (regardless of whether I stay or leave.) Once the lock is lifted I could sell it.
So in that sense there's a difference, yes.