STARTUP GLOSSARY

one-year cliff

definition

in the context of options granted under an ESOP, the 12 month period that must expire before any of those options vest.

previous page | glossary search

got questions? book a 30-minute free consult with one of our lawyers

explore other guides

how to issue equity to your advisors (shares vs options)

In this guide we cover the types of equity (shares vs options) startups can issue to compensate advisors.

tech M&A: factors to consider when receiving shares as consideration

What if a private or non-listed tech company offers to acquire your company? And instead of cash, they fully or partially offer shares as consideration?

a primer on venture debt in southeast asia

Traditionally, growth stage technology companies in Southeast Asia have raised venture capital via convertible debt or equity rounds. However, venture debt is fast becoming an alternative or complementary path for…