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by powera 3636 days ago
The assumption that every employee leaves after 3 years and keeps none of their equity is absurd. I don't see any value in that example at all.
1 comments

  > 3 year employee tenure
  > 100% loss of potential equity when employees leave the company ...
  ...
  > You can also see that only the employees hired in year 8, 9, 10 
  > (the final 855) have any shares at the end of year 10. Quite bizarre!
Yes, quite the mystery indeed.