jrdngonen's comments

Sent you an email!

Hey thanks for the kind words and for calling this out.

Perhaps it is a bit misleading but the calculator is working as designed. The Vesting Start Date is the "first day your stock has vested" which, in that example, would be at the one-year cliff.

Hope that makes sense, we will try to think of a better design so this is clearer.

Thanks for these links.

Thinking we will see amplification of this topic as employees, founders, investors, and hiring platforms bring more transparency to equity and compensation. Would love to hear any ideas that stick out to you.

Thanks for the kind words!

We see many large && important problems to solve in this space. Successful solutions will demand a long-term mindset but we are hopeful the right combination of product + technology + capital will unlock tremendous impact and value.

thanks, fixed!

Thanks!

We aim to provide leverage to employees so they can make better decisions. We are starting with closing the information gap but, as you point out, there are tons of (very nuanced) problems that need solving.

We definitely want to encourage dialogue around equity compensation policies.

>Do you have plans (even if only a few words of an idea) to do anything beyond this?

We believe the next generation of wealth will come from equity owners. There are hundreds of thousands of people—across the US—who need helping managing their equity.

Today’s financial industry is poorly set up to serve this growing set of people who will have a wide array of complicated, expensive First World Problems in the next 10 years.

We hope to fix this!

Thanks for the questions!

>If you're affecting startup employees' (and prospectives') perceptions of compensation, how do you deal with the appearance of potential conflict of interest, as a YC startup (which presumably has an interest in hiring and compensation by its startups)?

Our customer is the employee. We're not going to put YC or employers ahead of them.

>Also, do you have some kind of official fiduciary obligation, as part of giving financial advice? And if so, to whom? How will giving financial advice mesh with offering financial products?

We're not currently providing financial advice. We're purely focused on education—helping people understand their equity. We anticipate this will change in the future (and when that happens we will seek RIA certification).