Startup Around

Does the reverse vesting procedure for founders usually have a 1-year cliff?


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Q: Does the reverse vesting procedure for founders usually have a 1-year cliff?
“Reverse vesting” can sound like a draconian VC term, but it’s actually both (1) very common, and (2) aligns interests.
In the end, adding some vesting to your shares won’t make any difference if you are going long.
But more importantly, if one of your co-founders quits early … he won’t leave with quite as much of the company.
As founders, you’ve already crossed the initial threshold of “adding value” and not quitting early. | To read full story, visit https://startuparound.com/read/1576562407.7137194/Does-the-reverse-vesting-procedure-for-founders-usually-have-a-1-year-cliff??ref=audio_experience
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Startup AroundBy Startup Around