Vesting
定義
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.
資金調達における位置づけ
Vesting applies to employees and founders alike; investors require founder vesting so departed founders cannot keep large dead stakes.
よくある質問
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.