Vesting

Définition

Vesting is earning equity over time or milestones; unvested shares are forfeited on departure. The startup standard is four years with a one-year cliff.

Comment cela se présente dans le financement

Vesting applies to employees and founders alike; investors require founder vesting so departed founders cannot keep large dead stakes.

Questions fréquemment posées

What is standard vesting?

Four years with a one-year cliff: 25 percent vests at month twelve, the rest monthly thereafter.

What is double-trigger acceleration?

Vesting accelerates only if the company is acquired AND the person is terminated; it is the standard acquisition protection for employees.

Mettez ce terme en pratique

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