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0 pointsstrken6y ago0 comments

Would you rather have something worthless at no cost, or buy something worthless because you couldn't estimate the cost and then lose all your money?

0 comments

Stock grants aren't costless. You have to pay taxes on them (at either the time of grant or time of vest).

Most are setup to have dual triggers so they only vest when they are worth something. Which means the grantee has a lot less cash exposure.

Oh interesting. I've never actually seen a setup like that.

I will now consider negotiating for something like that if I ever again join a startup. Thx!

j / k navigate · click thread line to collapse

0 pointsstrken6y ago0 comments

Would you rather have something worthless at no cost, or buy something worthless because you couldn't estimate the cost and then lose all your money?

Stock grants aren't costless. You have to pay taxes on them (at either the time of grant or time of vest).

Most are setup to have dual triggers so they only vest when they are worth something. Which means the grantee has a lot less cash exposure.

Oh interesting. I've never actually seen a setup like that.

I will now consider negotiating for something like that if I ever again join a startup. Thx!

j / k navigate · click thread line to collapse