"All startup employees – including founders! – should vest over 4 years from their start date (with a one year “cliff”)."
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Rafer sez:
I fear that @cdixon and I work in different universes. Founder vesting is a terrible thing. While it can cost you a lot of economic value to lose a co-founder who owns their stock free and clear, founder vesting costs a lot more.
Having founder vesting already set in the VCs favor before you negotiate a round costs you a huge bargaining chip.
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rafer posted this
Posted 13 September 2009 at 10h05 |  5 notes and Comments
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