How does reverse-vesting work?
How does reverse-vesting work? I understand the company has the right to "buy back" shares if the employee leaves early, but how exactly does that work? What price do they pay per share?
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Check out Venture Deals by Brad Feld to get a good understanding of these issues. – Steve Jones 11 years ago
1 Answer
It depends on the terms of the stock purchase agreement - a common approach is to repurchase at the same price that the employee bought the stock for.
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I can understand the need for a disclaimer for some people, and in some instances, but sheesh... yours is like four times as long as your actual answer! :) – rbwhitaker 11 years ago
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Haha, can't be too careful ;) – Darby Wong 11 years ago
