{"@context":"https://schema.org","@type":"DefinedTerm","identifier":"startup.cliff","name":"Cliff","alternateName":["vesting cliff"],"description":"An initial period during which no equity vests, followed by a first tranche if service continues.","disambiguatingDescription":"Here “Cliff” means: An initial period during which no equity vests, followed by a first tranche if service continues.","url":"https://pitch.dog/startupwords/terms/cliff/","inDefinedTermSet":"https://pitch.dog/startupwords/","edition_status":"research-preview","family_version":"0.18.0","machine_readable_notice":"Definitions are educational reference material. Context, jurisdiction and professional practice may change the correct interpretation."}