1. EachPod

Episode 2: Founder vesting

Author
fullyvestedlaw
Published
Thu 05 Dec 2019
Episode Link
https://fullyvestedlaw.podbean.com/e/episode-2-founder-vesting/

What does "vesting" mean in the context of shares held by founders? How can founders be better equipped to handle conversations with investors when vesting is a negotiation point?


 


We explore:


 


• provisions relating to the vesting of shares held by founders, de-mystifying these common but often contentious and complex provisions


 


• how vesting provisions are typically structured and the protection they can provide founders as well as investors


 


• jargon busting terms that founders might come across when negotiating these provisions with investors: "good leaver" and "bad leaver", "cliffs", "straight-line vesting", "accelerated vesting", "milestone / KPI vesting"


 


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