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Simon Copeman

Best Vesting Schedule ?

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We’re bringing on a CMO with a 7% equity stake. Since we’re pre-revenue and pre-launch, this allocation feels appropriate. I want to structure the best possible vesting schedule to ensure he feels fully invested in the company’s success while also protecting against potential issues down the line. Any recommendations?
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Best
Rajiv Ayyangar
As Steve said, 1ycliff, 4y vest is standard, but more importantly, why are you bringing on a CMO pre-launch and pre-revenue?!
steve beyatte
1-year cliff, 4-year vest is pretty standard
Atish Kullu
I’d say the best vesting schedule is one that feels fair to you while aligning with the company