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by ChuckMcM
4920 days ago
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They make sense in the same way that dollar cost averaging makes sense. Whinging that a year is too long to wait for the vest is pretty shallow. Now if it didn't start vesting for a year, sure that would be something, but since your 25% vested on the day of the 'cliff' your good. But the bottom line is that shares are compensation and compensation is money. A startup needs to extract the most mileage out of the money they've got, this vesting schedule has been shown to be a reasonable choice over the last 50 years. |
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