To share a video link that will begin playback at a specific point, all you need to do is add a bit of code to the end of the URL. Just add: #t= followed by the timecode of where you'd like playback to begin.
Here is an example where playback is queued up one minute and two seconds into the video: https://vimeo.com/81400335#t=1m2s
You can also use this parameter for embedded videos. To do this, simply add #t=(timestamp here) to the end of the player URL in your embed code. For example:
<iframe src="https://player.vimeo.com/video/81400335#t=1m2s" width="640" height="360" frameborder="0" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>
If you'd like your video to autoplay from the specified timestamp while embedded, you'll need to add the ?autoplay=1 parameter before #t. Here is an example:
<iframe src="https://player.vimeo.com/video/81400335?autoplay=1#t=1m2s" width="640" height="360" frameborder="0" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>
Note: Autoplay may be blocked by certain browsers such as Chrome and Safari. Learn more here.