2min chapter

ACQ2 by Acquired cover image

VC Term Sheets

ACQ2 by Acquired

CHAPTER

What Is Keyholder Vesting?

This is basically saying, because this is a fairly light term sheet compared to when you raise larger rounds later in the company, they tend to be more control terms associated with them. And then last meaningful term, keyholder matters. This is setting or resetting the terms of vesting of your equity as a founder in the company. It's not tifically common though. So ye, this, this is all the justification at the end of the day, it's just pretty standard right now.

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