Steve Huffman exited once before. Did he get equity to return again as CEO?

I don't understand why he'd return instead of starting something new.

He surely did. It’s usually part of comp packages for any member of the C suite.

I was the second engineering hire at a lifestyle business turned VC funded startup. After we went public and I could see disclosures including how many shares were paid out to the C Suite. The board and some first time C Suite members got the same level of equity in their comp package that I had received over six years of working there.

Some replacement/new C Suite positions that had been in the C Suite prior received a few times what I received to start and received additional packages every year.

Rank has its privileges.

I'm curious what is the normal equity share given to board members? Is their advisory worth six years of engineering?

Varying sources but anything from .25% to 3% or more depending on how they get their seat I think.

Some with no vesting schedules at all.

https://medium.com/@theBoardlist/three-things-no-one-tells-y...

Hipmunk wasn’t doing well and Reddit had just chewed through two different CEOs. Maybe he needed somewhere to go, and was up for a challenge?