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by carlgreene 1477 days ago
Vesting is just receiving the full rights of the share, option, or whatever over a specific amount of time.

If you start a company with someone you don't (er, shouldn't) just automatically get 50% of the company. That would allow you walk on day 3 and still own 50%. Instead you receive the ability to leave with your shares on a vesting schedule so that you have skin in the game.