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Ask HN: Accelerated Vesting with Investment?

1 pointsby BayAreaSmayAreaabout 10 years ago
I&#x27;ve never been a huge fan of the 1 year cliff for early employees, myself being one. I&#x27;ve been looking over some terms of a new agreement, and it seemed to be that it would make sense for there to be a vesting trigger clause based around receiving investment, perhaps over a given criteria to move things a little more towards &quot;fair&quot; from the employees point of view.<p>Typical equity agreements have the 1 year cliff for 25% of the employees shares to be vested followed by 1&#x2F;36 each month or 1&#x2F;12 each quarter. It seems to me that the 1 year cliff doesn&#x27;t make much sense for the earliest employees, if they&#x27;ve done enough after 6 months that the company takes in a round of funding (1M or more) that they should immediately vest to that point and start the standard vesting clock at that point.<p>Has anyone ever seen a clause like this in their agreements, or insisted on one? Am I far off base for thinking this shouldn&#x27;t be unheard of?

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