WHY 90 DAYS OF PTEP ISN'T ENOUGH

Summary from the TLDR Founders newsletter

Startup employees often face a tough decision when leaving their company due to the short post-termination exercise period (PTEP) for vested stock options. This article explores the challenges posed by the standard 90-day PTEP for both employees and companies. It highlights the potential value lost when employees can't afford to exercise their options and discusses the growing trend of companies extending their PTEP policies.