Re:Internal Amazon documents shed light on how company press...
by codezero on Monday June 21, 2021 @11:50PM
(#27587789)
I don’t understand. In fast moving small companies (<150) employees this sounds absurd. Are you talking about different companies?
Can you maybe give me an example, or something concrete to root your statement in?
Re:Internal Amazon documents shed light on how company press...
by chris11 on Tuesday June 22, 2021 @01:24AM
(#27588271)
I misspoke and used cliff as the length of the grant instead of when it started vesting. Short cliffs are good, some companies are starting to vest equity grants immediately. I haven't heard of a two year cliff.
Some companies are also doing one year grants instead of four year grants, like Stripe. That's costing employees a lot of money.
Four year cliffs are much better for employees. Shorter cliffs will cost people a lot of money if the valuation shoots up.