2 ms·
Though not unheard of, I found this the least founder-friendly part too. It'd be more founder-friendly to do 50% vesting over 4 years. This is especially true i
by briholt 13y ago
Though not unheard of, I found this the least founder-friendly part too. It'd be more founder-friendly to do 50% vesting over 4 years. This is especially true if the founder has already put in 1-2 years work, which would be a good and common practice before raising an A round.
- adam 13y agoOn the other hand, we had no vesting schedule, so very founder friendly, but one of our founders left after 3 months by mutual decision. We spent the next 3 years trying to get him out of the company and ended up having to spend a decent amount of cash to buy him out altogether (not to mention the legal fees we had to pay to do so.) It can definitely go both ways.