Startup Vesting: Because No One Jumps Off A Cliff Without A Chute
What is vesting? Vesting is the manner in which founders (or employees) of a company ‘earn’ beneficial, real, actual, substantive ownership of their shares in a company through periodic installments. So on Day 1 of the Company’s incorporation Tina and Tom would, on paper, own 50% of the Company’s shares at the CAC