Thanks to all who joined us for the startup equity event on March 14. One of the key questions we heard was: Do I Own My Vested Shares When I Leave My Startup?
The quick answer is yes, you should. However, some startups are adding language to their documents that allow the company to repurchase vested shares when you leave at a discounted price.
Here's some links to great content on identifying this in your documents and suggestions for avoiding startup equity with these repurchase rights for vested shares. We hope you will add your insights, more links and your comments below.
Why you should never accept shares that can be repurchased at FMV, Venture Hacks Blog
Can the company take back my vested shares if I leave?, #6 of The 14 Crucial Questions About Stock Options, Andy Rachleff, the Wealthfront Blog
How Skype's repurchase rights gave certain employees $0 of $8.5 billion acquisition payouts, Felix Salmon on Reuters Blog