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by tptacek 433 days ago
I'm sympathetic. We tried to get 10 year vesting together at my last company. But 4/1 is industry standard, and my rebuttal is that partners just bake 4/1 expectations into their decisions. If the partnership is uncertain about a member 6 months in, and kicks the can down the road another 7 months, that's on the partnership, not the structure.
1 comments

If you can't do 10 up front, you can usually reset founder vesting back every funding round to slow it down. This is fairly common.
You're counting on one reticent founder not jamming everything up, though.
Yeah, but this also offers a clear exit opportunity (during the raise), and limits the "blast radius" to time-since-last-raise, rather than progress against the first four years of the company.