I recently received an offer from series D startup, during negotiation I was told I'll be given "x" number of options for the first year and they will be vesting 25% each year for the next 4 years. same way I'll be given "x" number of options for the second year and vesting schedule remains the same for the next 4 years. is this how it works? I feel like for the first 2-3 years I'm getting less options vested. Recruiter mentioned Airbnb and Pinterest did the same during their early days. can someone please confirm? TC: 250k #pinterest #airbnb #startup #equity
Are you talking about a boxcar model?
huh? at 25/25/25/25 how do you “feel” it’s less the first 2-3 years? this is a very uncommon schedule. i’d hard pass. standard is 25 first year then 1/48 each month after
This is pretty standard.