[harryh]

If CollabNet had given you stock instead of options as part of your comp package they would have ended up just as worthless as your (exercised) options.

It's a bit weird that you would take wildly different views on the value of one vs the other.

[strken]

Would you rather have something worthless at no cost, or buy something worthless because you couldn't estimate the cost and then lose all your money?

[harryh]

Stock grants aren't costless. You have to pay taxes on them (at either the time of grant or time of vest).

[kasey_junk]

Most are setup to have dual triggers so they only vest when they are worth something. Which means the grantee has a lot less cash exposure.

[harryh]

Oh interesting. I've never actually seen a setup like that.

I will now consider negotiating for something like that if I ever again join a startup. Thx!

[kasey_junk]

Double trigger RSU vesting is the ‘standard’ now. It’s so much better for employees that I now see the use of options as a big red flag.