Gergely Orosz on X: "2. Vesting, cliffs, refreshers, and sign-on clawbacks. If you get awarded equity, you'll want to understand vesting and cliffs. A 1-year cliff is pretty common in most places
Stock option has a 1 year cliff period and quarterly vesting within 5 years according to remuneration policy' What does this statement mean. Can anyone help understand how this works? - Quora
![A general-purpose algorithm for building vesting schedules | by Adam Savitzky | Building Carta | Medium A general-purpose algorithm for building vesting schedules | by Adam Savitzky | Building Carta | Medium](https://miro.medium.com/v2/resize:fit:1400/1*m5ib6AtIkF68O2jo9wcL3w.png)