{"id":13915,"date":"2026-10-04T01:04:13","date_gmt":"2026-10-03T20:04:13","guid":{"rendered":"https:\/\/pivot.uz\/?p=13915"},"modified":"2026-10-04T02:15:12","modified_gmt":"2026-10-03T21:15:12","slug":"vesting-va-cliff-nima-hamasoschilar-o%ca%bbrtasida-ulushlarni-taqsimlash","status":"publish","type":"post","link":"https:\/\/pivot.uz\/uz\/vesting-va-cliff-nima-hamasoschilar-o%ca%bbrtasida-ulushlarni-taqsimlash\/","title":{"rendered":"Vesting va cliff nima? Hamasoschilar o\u02bbrtasida ulushlarni taqsimlash"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Startap tuzishda eng ko\u02bbp tarqalgan xatolardan biri \u2014 birinchi kundanoq barcha hamasoschilarga (co-founders) kompaniya ulushini 100% bir vaqtda egalikka berib qo\u02bbyishdir. Masalan, ikki hamasoschi kompaniyani 50\/50 qilib bo\u02bblishib oladi. 3 oydan so\u02bbng ulardan biri loyihani tashlab ketadi, lekin 50% ulush uning qo\u02bblida qolaveradi. Ushbu xavfning oldini olish uchun global startap amaliyotida &laquo;Vesting&raquo; va &laquo;Cliff&raquo; mexanizmlari qo\u02bbllaniladi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Cap table va aksiyadorlar tarkibini to\u02bbg\u02bbri shakllantirish bo\u02bbyicha<\/em> <em><a href=\"https:\/\/pivot.uz\/uz\/cap-table-va-valuation-startap-qiymatini-baholash-va-ulushlarni-bo%ca%bblish\/\">Cap table va valuation: Startap qiymatini baholash va ulushlarni bo\u02bblis<\/a><\/em><a href=\"https:\/\/www.google.com\/search?q=https:\/\/pivot.uz\/cap-table-va-valuation-startap-qiymatini-baholash\"><em>h<\/em><\/a> <em>maqolasini ko\u02bbring.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. Vesting va cliff standart formulasi<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Silikon vodiysi va xalqaro startaplarda eng ko\u02bbp tarqalgan standart: <strong>4 yillik vesting + 1 yillik cliff (4-year vesting with 1-year cliff)<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ushbu modelga ko\u02bbra:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Cliff davri (12 oy):<\/strong> Dastlabki 12 oy davomida hamasoschi yoki xodimga hech qanday ulush rasman tegishli bo\u02bblmaydi. Bu sinov davridir.<\/li>\n\n\n\n<li><strong>1-yil yakuni:<\/strong> 12-oyning oxirgi kunida xodimga to\u02bbliq ajratilgan ulushning 25%i bir yo\u02bbla taqdim etiladi.<\/li>\n\n\n\n<li><strong>Oylik vesting:<\/strong> Keyingi 36 oy davomida qolgan 75% ulush har oy teng qismlarga (1\/48 dan) bo\u02bblinib, taqsimlanib boriladi.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Y Combinator barcha startaplarga dastlabki kundan hamasoschilar o\u02bbrtasida 4 yillik vesting va 1 yillik cliff shartnomasini (Founder Equity Agreement) imzolashni majburiy talab sifatida qo\u02bbyadi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Vesting va cliff \u2014 bu hamasoschilar va loyihaning uzoq muddatli barqaror rivojlanishini ta&#8217;minlovchi huquqiy kafolatdir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Startap tuzishda eng ko\u02bbp tarqalgan xatolardan biri \u2014 birinchi kundanoq barcha hamasoschilarga (co-founders) kompaniya ulushini 100% bir vaqtda egalikka berib qo\u02bbyishdir. Masalan, ikki hamasoschi kompaniyani 50\/50 qilib bo\u02bblishib oladi. 3 oydan so\u02bbng ulardan biri loyihani tashlab ketadi, lekin 50% ulush uning qo\u02bblida qolaveradi. Ushbu xavfning oldini olish uchun global startap amaliyotida &laquo;Vesting&raquo; va &laquo;Cliff&raquo; mexanizmlari [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard"},"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"jnews_podcast_option":[],"jnews_podcast_series":[],"footnotes":""},"categories":[387],"tags":[230],"jnews-series":[],"class_list":["post-13915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maqolalar","tag-startaplar"],"_links":{"self":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts\/13915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/comments?post=13915"}],"version-history":[{"count":2,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts\/13915\/revisions"}],"predecessor-version":[{"id":13951,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts\/13915\/revisions\/13951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/media\/13833"}],"wp:attachment":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/media?parent=13915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/categories?post=13915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/tags?post=13915"},{"taxonomy":"jnews-series","embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/jnews-series?post=13915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}