|
|
|
|
|
|
by mattpratt
1867 days ago
|
|
|
Reminds me of a16z's "dead equity" blogpost, largely revolving around employees with lingering options who no longer contributed their "fair share". https://a16z.com/2016/06/23/options-timing/ > Well, not exactly. There is a more fundamental issue at the
> heart of this seemingly good solution: A 10-year exercise
> window is really a direct wealth transfer from the employees
> who choose to remain at the company and build future
> shareholder value, to former employees who are no longer
> contributing to building the business/ its ultimate value. But not mentioned in either is that these long running exercise windows "hurt" _all_ shareholders, especially investors. Nice of both to make this about the little man/woman. I only wish their worth and value to the company was met with the same scrutiny they seem to give employees. |
|
|