6-Year Vesting

Every team member of AngelList is on a 6-year vesting schedule. Including the founders. Why? Because it takes a long time to build something important. And we want everyone to stick around for a long time. Because we want people who are here for the mission, not a payday. Because it sells prospective hires: the team you’re joining isn’t going anywhere.

 

(Full Post: http://venturehacks.com/articles/6-year-vesting)


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Babak Nivi

Babak Nivi is a co-founder of AngelList and Venture Hacks. Previously, he was an entrepreneur-in-residence at Bessemer Venture Partners and Atlas Venture. He has worked on startups including Songbird, Grockit, and Kovio. He went to school at MIT where received 2 patents and published in Science.

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Filed Under:
Collection: Team
Category: Employee Compensation