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Tell HN: Vesting Schedule Advice

2 points by toomuchtodo ↗ HN
In the event you accept equity when hired at a startup, you'll most likely encounter the typical 1 year cliff/4 year vestout agreement.

Ensure that your agreement stipulates that if your role materially changes (your role is eliminated/no longer exists), your vesting accelerates to immediately vest you out.

EDIT: Otherwise, you can lose your equity (which you've most likely accepted for lower dollar compensation) through no fault of your own.

2 comments

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tibaiiplus
Hi Toomuchtodo.....I saw a comment you posted on a separate thread and this new submission. I'm actually a writer trying to research how employees being paid with equity can actually take some power back from companies . Have some stuff I wanted to share and was hoping to chat with you. My cell is (847) 380-0751. If you text me I can share more details about who I am and what I'm working on. And you can tell me to buzz off if you like.