"Then, you leave with 2,500 shares and the company will usually pay you $6,000 for the unvested 7,500 shares."
What is the alternative? If I'm not there anymore, the remaining shares will never vest. Can the company just keep the $6,000 and I get nothing in return?
while totally irrelevant to my current position as a student... I am really glad I read this and now will hopefully have this top of mind when I join a startup in the future. Gives me something to save towards haha (was never a car or house "fund" guy but maybe I could have an "early exercise to take advantage of QSBS and bet on myself and judgement" "fund".
"Then, you leave with 2,500 shares and the company will usually pay you $6,000 for the unvested 7,500 shares."
What is the alternative? If I'm not there anymore, the remaining shares will never vest. Can the company just keep the $6,000 and I get nothing in return?
while totally irrelevant to my current position as a student... I am really glad I read this and now will hopefully have this top of mind when I join a startup in the future. Gives me something to save towards haha (was never a car or house "fund" guy but maybe I could have an "early exercise to take advantage of QSBS and bet on myself and judgement" "fund".