The Story Of How One Startup Employee Doubled His Stock Options By Asking One Tough Question en-us Wed, 31 Dec 1969 19:00:00 -0500 Sat, 27 Dec 2014 22:30:27 -0500 Nicholas Carlson bldigrrn Thu, 13 Mar 2014 22:53:54 -0400 If the answer comes back "The company has a policy against a double-trigger", the answer quite simply is, "No, we don't value you enough to offer you a double trigger." There isn't a policy in existence that isn't set aside if a company really wants someone on board. Just as everything is for sale, everything is also negotiable. Valley Values Thu, 13 Mar 2014 22:39:22 -0400 These are the Values in the Valley. There are none so don't fool yourself. From the minute you start people are trying to cut you out of your share and shares. Expect it. People get sucked into the opportunity to innovate and disrupt. If you work at one of these companies sure take some stock as compensation but get as much as you can in cash compensation. For the hours you put in and the sacrifices you make at least you'll have something to show for it. If you can get a lawyer to review your stock options agreement before you start. After that it's probably too late unless you have some special skills or knowledge to leverage or renegotiate.. Double trigger = bad Thu, 13 Mar 2014 19:04:02 -0400 A double trigger means, you get accelerated vesting ONLY if a change of control (CoC) event occurs AND you get canned. That's a harder standard than single trigger, which accelerates in CoC irrespective of your future employment. What you are probably trying to say is that he gets accelerated vesting if he is terminated without cause OR in a CoC event. Very uncommon.