On: We need to rethink employee compensation

[nkurz]

It should be noted that the choice to allow "early exercise" is made by the company granting the options. While it might be a good tax strategy, you do not (to the best of my knowledge) have any guaranteed right to be allowed to exercise your options until they vest:

http://www.startupcompanylawyer.com/2009/01/11/should-a-comp...

[harryh → nkurz]

This is correct. But most of the time if you ask you can get it.