dunno why the writer opted for this: "Our equity packages vest over 3 years instead of the industry standard 4-year period."
given it takes a long time to build companies; so on the contrary, many startups are instead opting for like 6 year windows.
"We allow employees to exercise options up to 10 years after they leave instead of 90 days." - the reason that 90 days is more standard is that it's more tax effective than having options exercisable for 10 years, though many companies are making a compromise on this recently
given it takes a long time to build companies; so on the contrary, many startups are instead opting for like 6 year windows.
"We allow employees to exercise options up to 10 years after they leave instead of 90 days." - the reason that 90 days is more standard is that it's more tax effective than having options exercisable for 10 years, though many companies are making a compromise on this recently