Y
Hacker News
new
|
ask
|
show
|
jobs
by
gqwu
6504 days ago
Does a new ycomb company require vesting for all the cofounders? If so is it the typical (4 year vesting, 1 year cliff etc) terms?
2 comments
dcurtis
6502 days ago
It's not a requirement. But they strongly suggest the typical 4 year vesting with 1 year cliff. (Actually, "strongly" might be an understatement.)
link
plusbryan
6503 days ago
as of summer 2006, yes. standard 4/1 yr
link
pg
6502 days ago
We don't actually require it, but we encourage it, so that there's a predefined way to handle cofounders leaving.
link