Vesting

By: argentstrategies June 28, 2022 2:52 pm

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The process by which an asset is transferred to another person based on deliverables or time. This is often used in the startup world with co-founders and advisors to ensure that those with equity in the company are involved and contributing over time. Typical cofounder vesting schedules including a 4 year vesting period inclusive of a 1 year cliff, which vests quarterly or monthly following the cliff.

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