|
|
|
|
|
|
by philipn
3956 days ago
|
|
|
Yes, almost all employee (and founder!) shares are vested over a period of time. Typically, shares are vested over 4 years, with a one year "cliff." This means if the employee (or founder) leaves before the one year has elapsed, they don't get any of their shares. Then, after this set "cliff" period has ended, they get some fraction of their total shares each month. But based on your question, I'm guessing you haven't yet set up your own founder share structure yet? If so, that's probably the best thing to do first. Sites like Clerky.com can help a lot like this, and you can figure out how all the bits and pieces work together with a good amount of googling and persistence. Of course, if you have some money, talking to an attorney about this can really speed up the process and help make sure you don't make any obvious mistakes. |
|
|