Venture Deals · glossary

Vesting commencement date

The day the vesting clock starts, often not the date of the document that sets it. Solaris’s founders vested from 1 April 2021, so their cliff fell on 1 April 2022. Definition of Vesting Commencement Date · Chapter 5

Explained in Chapter 5, Vesting, Leavers and the Founder Who Left, of Venture Deals.

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

As defined in the training investment agreement
1 April 2021;
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Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Venture Deals → · All terms A–Z →