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by keeptrying
1731 days ago
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These set of questions are very thorough and will help you avoid 80% or more of the bad situations. I had to figure out all thsi on my own and most startups won’t answer these questions even after getting an offer. Some more question you might want to ask:
- is there a double trigger clause? (If not then the founder can restart your vesting after an acquisition and do other nasty things.) - can I exercise my options after beating while I’m at the company. (You’ll be surprised but I’ve seen companies that don’t allow you to exercise while you’re employed there which means you can kiss qsbs goodbye and you can’t leave comoany if it gets too big else you’ll lose the options) - can I sell my exercised stock on the secondary market?
(Some companies don’t allow this) 95% of people don’t ask these questions and can get screwed. |
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