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rytill
on Oct 3, 2019
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Ask HN: Who Wants to Be Fired?
If you're fired, do you vest fully? We got acquired recently and it seems like my vesting doesn't jump ahead if I got fired (without cause)... not totally sure though.
naniwaduni
on Oct 3, 2019
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If you're in a situation where your vesting schedule incentivizes your acquirers to fire you without cause your lawyers may have ripped you off.
rytill
on Oct 12, 2019
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How does it usually work? Does one fully vest upon firing? Vest several months upon firing?
ctoinhiding
on Oct 3, 2019
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it's technically not vesting (my founder shares were fully vested on acquisition) - more of a hold back. we made sure to negotiate this term in.
doesn't work that way for employees unfortunately.
rytill
on Oct 12, 2019
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So basically there are separate founder and employee shares and negotiated different terms for the two (hold-back and options)?
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