It matters how it is perceived. If everyone involved sees a company firing a bad employee, then good. But if I were in that situation, I would see a company that decided to be greedy and did not care about the sacrifices you made for them.
I treat equity as zero cash value, but that makes it worse because the company is now clawing back something worthless!
That said, I find the whole concept of vesting cliffs to be a bit of nonsense. Vesting I can understand, but why set these cliffs when they are not explicitly tied to regularly-scheduled reviews, performance, or some other checkpoint?
I treat equity as zero cash value, but that makes it worse because the company is now clawing back something worthless!
That said, I find the whole concept of vesting cliffs to be a bit of nonsense. Vesting I can understand, but why set these cliffs when they are not explicitly tied to regularly-scheduled reviews, performance, or some other checkpoint?