Hacker News new | ask | show | jobs
by refurb 2467 days ago
Normally there is a vesting period before you can sell any equity.

Get $50k in equity ($100 per share), but you can only sell 1/3 each of the next 3 years. Stock price drops to $50 means you now have $25k of equity.

If it’s options it may mean you get $0.