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by stephenhuey
2816 days ago
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Thanks for reminding me! I've thought about this a lot from time to time, and I realize I forgot to mention something else besides just the equity distribution. I've heard plenty of stories of nasty ways companies wrangle hard-earned equity out of employees. I think it'd be great for YC or someone of similar stature to encourage companies to use very standard terms to avoid a lot of the unkind ways employees get screwed. One example would be terribly short windows for exercising options. |
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https://triplebyte.com/blog/fixing-the-inequity-of-startup-e...
https://blog.samaltman.com/employee-equity
https://news.ycombinator.com/item?id=11198991
https://a16z.com/2016/07/26/options-plan/
https://dangelo.quora.com/10-Year-Exercise-Periods-Make-Sens...