3 ms·
Do you mean the last 15% to bring to 50% ownership? Without knowing the specifics I would think the best idea is to vest incrementally every week or so. Also m
by markstansbury 16y ago
Do you mean the last 15% to bring to 50% ownership?
Without knowing the specifics I would think the best idea is to vest incrementally every week or so. Also make sure you've got accelerated vesting upon sale or IPO. (That's a nice thing to give your employees too.) And consider a right to buy back shares at cost upon for-cause termination.
I've never seen or heard of vesting upon profitability. I don't know if that's something that is done, but I would be hesitant to be on either side of that deal.