FYI Edit: imagine a baseline of 200K over 4 years vs 100K over 2. See below.
Is that refresh or a switch from 4 years to 2 years ?
Both, with half the value over 2.
That’s sad. Bad for industry as others would follow this change
I think your math is wrong.
Math checks out. There is less refresher stacking with shorter grants, which sucks.
Did DoorDash adopt Stripe’s crappy innovation of shorter grants?
That’s rough. I guess there’s even less incentive now for people to stay longer than two years.
So basically you have to switch every 2 years
Switched to two years but op forgot to mention we also got a 1 year top up for last years stock performance to make sure everybody got at least 80% of projected stock value. No doubt - ain’t great but still decent refreshers per year
I think tech will eventually move to the stripe / Coinbase model of 1 year grants
So what happens after 1 year? Refreshers?
What does 1 year grant mean?
Math is wrong. Need to include projected stock growth. The gap would be even wider, and folks who have seen what stock growth over four years does to their comp will know it's a pretty penny.
Absolutely. It's even worse in reality. Just sharing that table for simplicity.
I’m starting with DoorDash soon, the offer I signed says 4 years vests, but RSU needs to be approved by the board. Am I screwed, are they going to change it to 2 years?
No This is only about refreshers
India
Yesterday
1087
Modi is a legend, will be remembered for centuries to come
Working Parents
15h
1173
Closed now - thank you all
Tech Industry
Yesterday
2979
Quitting this Slave life
Tech Industry
Yesterday
366
What’s gonna happen to TikTok?
Tech Industry
4h
705
Women, help me understand why this is inspirational
I'm sorry, can you elaborate