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strken
2484 days ago
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?
1 comments
harryh
2484 days ago
Stock grants aren't costless. You have to pay taxes on them (at either the time of grant or time of vest).
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kasey_junk
2484 days ago
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.
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harryh
2484 days ago
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!
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kasey_junk
2484 days ago
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.
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