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Rethinking Equity Compensation: From Lottery Ticket to Financial Wedge
To benchmark offers, companies currently pay hundreds of thousands of dollars for manually collected annual compensation data; this data is immediately stale and often difficult for companies to put in their own context. Employees and candidates suffer, too. They are often left in the dark about how to interpret and value the equity portion of... See more
Kristina Shen • Investing in Pave | Andreessen Horowitz
TL;DR: A front-loaded New Hire grant vests more in earlier years than later years, with annual performance-base grants replacing the New Hire grant over time. Higher performance builds compounding upside.