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Time-based vesting implies full-time participation. In my case (and probably a lot of other cases), we are both part-time until the product gets traction. The
by trussi 16y ago
Time-based vesting implies full-time participation. In my case (and probably a lot of other cases), we are both part-time until the product gets traction. Then we will take the risk of going all-in.
If I tie the vesting to milestones instead of time, I should be able to fairly compensate the other person's part-time efforts without walking down the 'you aren't working enough, your shares aren't fully vested' path if/when we divorce.
- flignats 16y agoWhy not base the first 1% or so on an hourly vesting schedule? So if he is working part time he can rack the up the hours all year or however long it takes. Make the milestones 'hours worked'
- trussi 16y ago'Rack up the hours all year' just sent chills down my spine! That's exactly what I want to avoid. :)