6 ms·
The standard is to vest everyone over 4 years, with a 1 year cliff. Omitting the cliff is a highly accurate predictor of problems.
by pg 17y ago
The standard is to vest everyone over 4 years, with a 1 year cliff.
Omitting the cliff is a highly accurate predictor of problems.
- mahmud 17y agoIs there some kind of a book you recommend for the business ignorant on these matters?
- bhousel 17y agoNot sure about a book, but this blog seems to explain the term sheet pretty well: http://www.feld.com/wp/archives/2005/05/term-sheet-vesting.html http://www.feld.com/wp/archives/2005/05/term-sheet-vesting.h... Admittedly, I just googled. But, if anyone knows of a better book or resource, let me know, since I'm in exactly the same situation as the poster.
- deleted 17y ago[deleted]
- adnymarc 17y agoSo your recommendation would be to assess an individuals contribution as a part of the whole, assign a percentage value, and vest that over 4 years with a 1 year cliff?