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Linda Xie
@linda
I'm grateful Coinbase gave employees a 7 year window to exercise their stock options after leaving. When I left I didn't have the capital to exercise my options (all of it went to starting my business). I would've had to take a loan out so this derisked a lot for me. More companies should do this
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Samuel ツ
@samuellhuber.eth
thats for options/stock that was already vested up on leaving righT?
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Alex Loukissas 🍉
@futureartist
Does it matter for a public company? Typically you would do "exercise to cover" (unless your SO is underwater). Am I missing something? Probably!
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depatchedmode
@depatchedmode
Because zero of the companies I’ve vested equity in with those sorts of agreements have ever had a common stock qualifying liquidity event, I’m grateful I was forced to make the “no” quickly. But a 7 year exercise window would have been even better.
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Novi Thio
@noviana
💯
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soosh
@sushen
Start ups that are winning retention & new hires are extending the window to 10 years post termination/departure - a huge increase than the standard 2 years, which has been the “standard” for too long imo. Obviously comes at a cost: unable to recycle the stock option pool, but with a good finance team, this ca. be derisked :)
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BrixBountyFarm 🎩
@brixbounty
wow 7 years is awesome. gg
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Gramajo
@gramajo.eth
Mine gave me 72 hours 🤣, 1 year would have been clutch it all worked out though just bought more bitcoin
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darkskinned
@darkskinned
💯💕
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