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by jaksmit
734 days ago
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dunno why the writer opted for this: "Our equity packages vest over 3 years instead of the industry standard 4-year period." given it takes a long time to build companies; so on the contrary, many startups are instead opting for like 6 year windows. "We allow employees to exercise options up to 10 years after they leave instead of 90 days." - the reason that 90 days is more standard is that it's more tax effective than having options exercisable for 10 years, though many companies are making a compromise on this recently |
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