Equity at a startup is essentially worthless. Exercise prices, taxes, 90 day max exercise windows, asymetric price information, preference stacks, all contribute to a lack of clarity.
Of course eveyone thinks their company will be worth a cool billion but thats rarely the case. Plus founders and investors are incentivized for your options to expire; they go back into the pool.
Startup compensation needs a refactor pretty badly.
Of course eveyone thinks their company will be worth a cool billion but thats rarely the case. Plus founders and investors are incentivized for your options to expire; they go back into the pool.
Startup compensation needs a refactor pretty badly.