Venture Deals · glossary
Earning a right to shares over time. At Solaris nothing vests in the first year, a quarter vests at the one-year cliff and the rest vests month by month over three more years. Founders vest shares they already own, while option holders earn the right to buy. Schedule 6 · Chapter 5
Explained in Chapter 5, Vesting, Leavers and the Founder Who Left, of Venture Deals.
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