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What is og-equity-compensation?

jlevy/og-equity-compensation — explained in plain English

Analysis updated 2026-06-24

11,484Audience · pm founderComplexity · 1/5Setup · easy

In one sentence

A free, detailed plain-English guide to equity compensation at US startups, covering stock options, RSUs, vesting, tax events like the 83(b) election, and what happens at acquisition or IPO.

Mindmap

mindmap
  root((og-equity-comp))
    What it covers
      Stock options
      RSUs
      Tax events
      Startup paperwork
    Key Concepts
      Strike price
      Vesting cliff
      83b election
      409A valuation
    Audience
      Job candidates
      Founders
      Hiring managers
    Scope
      US startups only
      Private companies
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Code map

Detail Auto

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filefunction / class

What do people build with it?

USE CASE 1

Understand the real meaning of stock option terms in a job offer before signing, strike price, cliff, vesting schedule, and acquisition outcomes

USE CASE 2

Learn when and whether to early-exercise options and what the 83(b) election means for your actual tax bill

USE CASE 3

Help your employees understand the equity portion of their offer letters without getting the details wrong

USE CASE 4

Prepare for a company acquisition or IPO by learning what happens to your unvested shares and what decisions you must make

How does it compare?

jlevy/og-equity-compensationtencent/wcdbjxnblk/mdx-deck
Stars11,48411,48411,485
LanguageCJavaScript
Setup difficultyeasymoderateeasy
Complexity1/53/52/5
Audiencepm founderdeveloperdeveloper

Figures from each repo's GitHub metadata at analysis time.

How do you get it running?

Difficulty · easy Time to first run · 5min

So what is it?

This repository is the source for a detailed written guide called The Open Guide to Equity Compensation. Equity compensation means being paid partial ownership in a company, such as stock or stock options, instead of or in addition to a regular salary. The guide explains how this works for employees, job candidates, founders, and hiring managers at US-based private startups and corporations. The subject matter is notoriously hard to understand. Terms like stock options, strike price, ISOs, RSUs, 83(b) election, 409A valuation, and AMT trip up even people who have dealt with equity before. The guide walks through all of them in plain language, covering what each term means, when it matters, and what decisions you may need to make. It also covers the tax consequences that can catch people off guard, including situations where someone owes significant taxes on stock that is not yet worth anything in cash. The guide is aimed at anyone navigating an equity component in a job offer, considering early exercise of options, trying to understand paperwork at a new startup, or facing a company acquisition or IPO. It also helps founders and hiring managers explain equity clearly to candidates without getting things wrong. The authors note that even experienced people regularly run into confusion on this topic. The content was originally written and shared on GitHub and Hacker News before being expanded and published on the Holloway platform, which offers search, bookmarks, highlights, and downloadable formats. The GitHub repository preserves the original open version. The guide does not cover equity in LLCs or S corporations, public company employee stock purchase plans, executive compensation, or compensation outside the United States. The full README is longer than what was shown.

Copy-paste prompts

Prompt 1
I received a job offer with ISOs and a 4-year vesting schedule with a 1-year cliff. Using the Open Guide to Equity Compensation, explain what I should ask the company and what the key risks are.
Prompt 2
My startup is offering RSUs instead of stock options. Walk me through the difference between RSUs and options based on the Open Guide to Equity Compensation.
Prompt 3
I want to early-exercise my stock options. Explain what the 83(b) election is, the tax implications, and the risks if the company never exits.
Prompt 4
My company is being acquired. Based on the Open Guide to Equity Compensation, what happens to my unvested options and what decisions do I need to make before the deal closes?

Frequently asked questions

What is og-equity-compensation?

A free, detailed plain-English guide to equity compensation at US startups, covering stock options, RSUs, vesting, tax events like the 83(b) election, and what happens at acquisition or IPO.

How hard is og-equity-compensation to set up?

Setup difficulty is rated easy, with roughly 5min to a first successful run.

Who is og-equity-compensation for?

Mainly pm founder.

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