DoorDash removing 1-year cliff for equity grants

Re:DoorDash removing 1-year cliff for equity grants by kerng on Wednesday July 07, 2021 @11:42PM (#27768264)

No, most big companies don't have cliffs anymore (Google, Facebook, etc...). They pay out monthly or quaterly. At least if you already worked for a while elsewhere (because they have to buy you out basically).

Why would you otherwise take the risk?

I'm curious about Microsoft- anyone know if Microsoft has a cliff on RSUs?

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Re:DoorDash removing 1-year cliff for equity grants by reasonabl_human on Thursday July 08, 2021 @10:23AM (#27772304)

My non-new-grad employment with Microsoft had a 1yr vesting cliff. As others have previously mentioned, as long as it’s an established company I see no issue with this since you get a solid signing bonus if continued cash flow is the concern.

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Re:DoorDash removing 1-year cliff for equity grants by kerng on Thursday July 08, 2021 @12:17PM (#27774050)

This is to the point - cash bonus can compensate this somewhwat. And cash bonus typically doesnt have to be paid back in case of layoff.

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Re:DoorDash removing 1-year cliff for equity grants by ixs on Friday July 09, 2021 @09:14AM (#27783328)

I saw a recent (< 3 months) offer from MSFT and it contained the „standard“ 4y vesting schedule with a 1y cliff and then quarterly vesting after.

I think removing the vesting cliff is great but personally I am not worried as I never sew the cliff as a problem.

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Re:DoorDash removing 1-year cliff for equity grants by tedmiston on Thursday July 08, 2021 @12:17PM (#27774060)

I should clarify that my experience is with startups (pre-seed to B stage etc) not FAANGs or big cos.

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