Definition
A minimum period before any equity vests (commonly 1 year).
Examples
After the cliff, 25% vested immediately.
Origin
Modern business/startup term; used as practical shorthand in product, growth, and investing.
Use it in Nautis
Track cliff alongside everything else in your startup.
Nautis brings planning, fundraising, finance, and operations into one AI-native workspace — so concepts like cliff stop being spreadsheet trivia and start showing up where decisions get made.