[rlt]

Massive difference. You can vest and move on, even if you don’t have liquidity, which most private companies don’t for employees anyway.

[ml-anon]

Except you can only sell a prescribed amount at an undetermined time. By the earliest possible sell date you have already made 8 figures liquid at Meta.

[rlt]

Ok, but that’s a trade off anyone who works for a private company makes, and it’s never called an “effective cliff”.

[ml-anon]

Ok fine, 8 figure opportunity cost if that makes you feel better.