You can't promise that all your employee shares will vest on change of control, because many big companies won't buy you on those terms. Also, even if everyone does vest on change of control, valuation and terms can be structured so that options aren't worth much, and employees are handcuffed by retention grants.
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You can't promise that all your employee shares will vest on change of control, because many big companies won't buy you on those terms. Also, even if everyone does vest on change of control, valuation and terms can be structured so that options aren't worth much, and employees are handcuffed by retention grants.