My job came with an employee ownership % in my offer. Exact verbiage:
You are eligible for the Company’s stock option plan which will be implemented as part of the Company’s equity raise. Your initial equity option grant will be 2% of the outstanding shares with a total vesting period of 5 years.
We've grown substantially and have yet to have the need to do an equity raise. If we don't ever need one, is this essentially worthless?
Itsbeardie4 karma
My job came with an employee ownership % in my offer. Exact verbiage:
You are eligible for the Company’s stock option plan which will be implemented as part of the Company’s equity raise. Your initial equity option grant will be 2% of the outstanding shares with a total vesting period of 5 years.
We've grown substantially and have yet to have the need to do an equity raise. If we don't ever need one, is this essentially worthless?
View HistoryShare Link