The Real Reason Behind the 90-Day Exercise Window #substack #shorts
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The traditional 90-day exercise window for stock options persists because it allows equity to return to the pool when employees can't afford to exercise, benefiting executives who receive larger equity allocations. Some companies like Pinterest and Airbnb have extended their windows to 10 years, but most haven't adopted this employee-friendly practice due to board and executive interests in maintaining larger equity pools.
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