4 ms·
A (vesting) cliff doesn't mean you have to wait 1 year for the vesting, it means that your vesting significantly reduces after 1 year.
by rullelito 4y ago
A (vesting) cliff doesn't mean you have to wait 1 year for the vesting, it means that your vesting significantly reduces after 1 year.
- stavros 4y agoI don't know how you've seen it, but I've seen it mean exactly that. A one-year cliff means that your whole year (usually your first) vests at once, in one day.
- kortilla 4y agoNo, that’s not what a cliff is. https://www.investopedia.com/terms/c/cliffvesting.asp https://www.investopedia.com/terms/c/cliffvesting.asp What you’re talking about is front-loading or ballooning vesting schedules.