📈 Stock Options

Understanding stock options

Traditionally, you have to make the decision to exercise your stock options within 90 days of leaving a startup. This isn’t fair to people who spend years helping to build a company, only to end up with the option to fork over a huge sum in taxes (before their equity is worth anything) or end up with nothing.

If ReadMe does well, we want you to do well. If you’ve committed time and energy, you deserve a part in our success regardless of whether you’re still working at the company.

To do this, we’ve implemented an extended exercise period model, where you will have 10 years from the grant date to purchase your options. This means that you will have much more information about the value of your equity when you need to decide whether to exercise, rather than having to make a decision when you leave the company.