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They get common stock but without a cliff or vesting period



No, founders vest. For the love of all that is holy, don't join a founding team with no vesting. Funding or no funding, vesting is non-optional. Get vesting worked out from the jump.


not true if they are taking on money. any investor will require a vesting period over 4 yr w/ usually a 1 yr cliff (which resets every time you take money)




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