Supabase has raised $500M at a $10B valuation
In this round we are giving @supabase employees the opportunity to cash out 25% of their vested options. We have done this in every round since inception.
We do it as a โcashless transactionโ so that employees donโt need to front any cash to exercise their options. This is the friendliest way we could design it until we can offer RSUs.
On top of that, we give employees a 10 year exercise window: whether they stay or leave the company. The typical/default window is 3 months. IMO, equity is earned and employees shouldn't be penalized because they don't have the cash to exercise within 3 months of leaving a job (often that's the time they need the cash/certainty the most).
@hijunedkhatri@sankalpdomore's @nextdoorcohq is also one of the cases charging candidates over recruiters , but his one is Job board of jobs aggregator based on location.