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by wilsynet 4090 days ago
If Mr. Mason had proposed the progressive equity plan to the board at Groupon, the board may very well have agreed (it doesn't really impact the investor), but he would have had to get buy-in from the rest of the employees too (or risk revolt and lawsuits).

It's fine that everyone agree to this up front as they join the company, but it's difficult to go back in time and re-write the employee stock plan.

1 comments

> it's difficult to go back in time and re-write the employee stock plan.

As well it should be.