Software Engineer (Full-Stack/Frontend) *Fully Remote*
Compensation at startups is broken. Almost 80% of employee equity is abandoned, meaning startup employees (about 6 million in the U.S.) are missing out on hundreds of billions of dollars. That’s money they earned and that could be changing their lives — enabling them to pay off student loans, buy their first home, or start a family — but that’s not what’s happening. Vested exists to fix this.
Employees abandon their equity for two main reasons: knowledge and capital. First, they don’t really understand what it is and how it works. Second, most employees receive stock options, which need to be “exercised” to purchase real equity (shares). But exercising costs money and has tax consequences, both of which can add up to tens of thousands of dollars or more. Most people don’t have that kind of money sitting around to invest into a startup, so they choose not to exercise their options, which then expire. The unclaimed shares go back into the company, benefitting the company, its management, and its venture capitalists, while average employees lose out.
Meanwhile, investor interest in startups has never been higher. With companies staying private longer than ever, and the VC asset class consistently outperforming, investors of all types are looking for a way in.
Enter Vested. We provide employees with knowledge and capital. From the moment an employee is considering a job offer, we’re there for them with tools they can use to truly understand their equity offer and determine whether it’s fair. As time goes on, we also help at key milestones, like when it's time to exercise (and to understand the mechanics and tax consequences of doing so). Finally, if an employee needs funding to exercise, or if they want to sell shares, we connect them to investor capital — ensuring they can actually capture the value they've earned.
We’re well-funded (with more fundraising coming soon!), and growing our team. We invite you to consider joining us.
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About the Role
As a Software Engineer, you will have a significant role in shaping the evolution of Vested’s primary product offerings. You will have the opportunity to work across the stack (TypeScript React on the frontend, TypeScript Node.js on the backend). You will be among the first non-founding engineering hires and will thus have a meaningful opportunity to grow into engineering leadership (or principal individual contributorship, depending on your preference).
- Experience building production-quality code as part of an engineering team
- Strong on accountability, organization, and collaborativeness
- Focused on building and shipping product, passionate about building a business
- MongoDB experience