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A warning about cliff vesting

7 pointsby kevinholeshalmost 13 years ago

3 comments

therealarmenalmost 13 years ago
Keep in mind that this is written from the point of view of the employee and not the founder(s).<p>The reality is that it takes longer than a 30-minute interview to determine whether or not someone deserves a chunk of the company that you have devoted your life towards. If a potential hire demanded that I "avoid cliff vesting" (as suggested in this article), I would feel very uncomfortable.<p>That being said, I think a one-year cliff is excessive. I've found a three- or six-month cliff to be mutually agreeable for both parties.
ChuckMcMalmost 13 years ago
My take on it, if the guy hiring you thinks about the vesting cliff as a big 'Undo' button, you don't want to work there.
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MandyLadyalmost 13 years ago
The hard part is, how do you know your founder is good to her word? A year of work, and you get nothing. That is a huge risk.