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You do see the irony in shouting down my characterization and then shamelessly exemplifying it don't you? A vesting schedule is someone feeding you your equity
by Phlarp 8y ago
You do see the irony in shouting down my characterization and then shamelessly exemplifying it don't you?
A vesting schedule is someone feeding you your equity back to you over time. Pure and simple. Of course it's easy to see why someone would accept such terms: VC's are offering to hand over large amounts of money. If it's a term most founders are willing to accept without getting much additional in return that is perfectly fine and up to each founder.
Anyone who accepts it as "a favor this VC is doing for me" is delusional.