An Il-un Partner Attorney, Interview with Outstanding, an IT specialized news media, regarding stock options and RSU.
Article posted in 2024-02-29 09:35:55 | VEAT
Law firm Veat’s An Il-woon partner attorney detailed the core issues of startup talent acquisition, namely ‘stock options’ and ‘RSU (Restricted Stock Unit)’ in an interview with IT specialized news media outlet OutstandingTV.
Please refer to the video below for the full interview. If you require legal advice regarding stock options (stock purchase options), RSU, or related matters, please contact Law firm Veat.
In this interview, partner attorney An Il-woon introduced what stock options and RSUs are in an easy-to-understand manner and provided detailed explanations of what startups should consider when contemplating equity compensation.
RSUs certainly have more convenience compared to stock options. Once you obtain stock, it can be considered company assets. Although there is not a significant difference in the sense that ‘the company provides compensation to employees using its cash or its stock,’ the legal procedures required for issuing new shares are complex in the case of stock options, but RSUs are generally considered to have the advantage of being less cumbersome.
Source: Outstanding TV (https://www.youtube.com/@outstandcrew)
Attorney An Il-woon has accumulated a deep understanding of corporate mechanisms as a former developer at a large corporation. He has served as an ICT startup legal mentor for the Ministry of Science and ICT and as a lawyer training instructor for the ‘2020 Venture Startup Investment Academy’ of the Korean Bar Association, exhibiting expertise combining theory and practice as a consulting and counsel attorney for various corporations and providing essential legal advice for startups' growth and global expansion.
Law firm Veat is a startup-specialized law firm providing essential legal advice for startups' growth and global expansion, and is centered on experts in various fields such as IT specialized attorneys, engineering graduates, advisors to the Personal Information Protection Commission, and attorneys affiliated with the Korean Bar Association Blockchain Committee, solving a wide range of legal issues for startups and providing greater value to clients.
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