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

It's not a requirement. But they strongly suggest the typical 4 year vesting with 1 year cliff. (Actually, "strongly" might be an understatement.)
as of summer 2006, yes. standard 4/1 yr
We don't actually require it, but we encourage it, so that there's a predefined way to handle cofounders leaving.