Why early exercise matters more in today’s venture funding climate

If your company allows early exercise, it makes things really interesting as an employee with a chunk of options. The effect is that you can make the decision as early as day 1 (well, really, whenever your option grant is approved) of your employment to exercise your options and get timers started on capital gains and qualified small business stock treatment. There’s pros and cons, and risks and advantages. In today’s fundraising climate, more than ever before, I believe that early exercise is an important consideration for employees and…