A couple of years back, Sam Altman wrote (paraphrase) that the 90-day stock option exercise window is complete bullshit which adds to the nonsensical ways startup employees get screwed over – as if building a successful company wasn’t hard enough.
I’m really glad to see the sentiment is getting heard, and yes, the startup employers need to be seriously reminded of this – here on the webs, as well as during the employment and especially the offer negotiation. And companies that adopt sane options policies need to be praised. Zach Holman started a list of these employee-friendly outfits that I sure hope will grow over time. As of today, it is:
P.S. Bonus points – when stock options suck and there is no way around that, here is a classic little post (not from me) on how to stop worrying and in 5 minutes maximize the deal you get for years to come.