Batchu: Google and Meta boomerang policies preserve equity within six months
Sri Batchu · Wealth Creation For Employees Explained By Sri Batchu (Ramp, Instacart, Opendoor) I The Neon Show · Jun 20, 2024 · at 27:43
Sri Batchu (former executive at Ramp, Instacart, and Opendoor) discusses how Big Tech companies facilitate safety nets for executives testing early-stage startups.
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“Both Google and Facebook have boomerang policies. I don't know if you know about this, but basically if you come back within four to six months, To Facebook or Google, they will just restart the clock on your equity package. So you won't lose your vested equity.”
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