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When you buy stock in the public stock market, everything feels relatively simple, right? When markets are open, you can buy, you can sell, you can view minute-by-minute changes to the price. Yeah. So having equity in a private company is not like that. Equity, as weve already said, represents your ownership of a private company. And that ownership is really hard to access. Plus, theres all this stuff involved with equity. You have to vest your shares, exercise your shares, and then you have to think about taxes. And if youve never encountered any of this before, it can make your head spin. My names Jessica. And in the next couple lessons, were going to go really deep into Iris equity grant in order to understand two main things. First, how her options are going to vest. And second, how she can exercise her options in order to fully own her shares. Lets dive in. If you want to be an equity owner, you typically need to work for a company for a certain per
