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Re:Series AA Documents Back Online by gqwu on Thursday August 21, 2008 @11:33PM (#283443)
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?
Re:Series AA Documents Back Online by dcurtis on Saturday August 23, 2008 @04:44PM (#284804)
It's not a requirement. But they strongly suggest the typical 4 year vesting with 1 year cliff. (Actually, "strongly" might be an understatement.)
Re:Series AA Documents Back Online by plusbryan on Friday August 22, 2008 @01:22PM (#283913)
as of summer 2006, yes. standard 4/1 yr
Re:Series AA Documents Back Online by pg on Saturday August 23, 2008 @05:06PM (#284818)
We don't actually require it, but we encourage it, so that there's a predefined way to handle cofounders leaving.