If you strip away all the logically questionable parts of this story, there are 2 really important takeaways:
- Companies: don't make employees exercise options when they leave the company. I love the new "10 years to exercise" trend that has started to emerge.
- Employees: don't pay taxes or exercise options early to maximize your gains at an eventual exit. It makes no sense - keep the optionality.
- Companies: don't make employees exercise options when they leave the company. I love the new "10 years to exercise" trend that has started to emerge. - Employees: don't pay taxes or exercise options early to maximize your gains at an eventual exit. It makes no sense - keep the optionality.