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I think you miss the main point: Bobby was expecting to have 0.4% in the company that was created that weekend. The event was explicitly not for pre-existing co

I think you miss the main point: Bobby was expecting to have 0.4% in the company that was created that weekend. The event was explicitly not for pre-existing companies. So the idea is that after the weekend he can choose to stay with the team they formed and pursue the idea forward together as a new startup, or he could walk away and leave them his contributions, retaining 0.4% ownership in the new startup. Billy already had a company. He wasn't looking for people to team up with to make a new one, he was looking for free labor and options on hiring people he had already seen work together. Billy's business is his business, but what was created over the weekend belongs to the team, not Billy's business. Bobby's ask was to the team as a whole, not Billy's business.

logicallee 11y ago
But the developers did walk away, Billy was the only one who kept with it initially... And Billy didn't really have a "company" as we understand it; he came with an idea. It had nothing. A legal incorporation is a shell, nothing more. I'm not the only one who was rooting for Billy while reading this post. Nobody did anything bully-like - it's a complete distraction and red herring, nothing quoted by Billy is "bully-like" - the closest thing in the post is when Bobby suggested ousting Billy from his own idea and leadership, just because Bobby helped write two days of code. "Thanks for coming up with the best business at this event - I think you should be demoted to soemthing like business development, so someone else can run it." Ridiculous suggestion, in my opinion, especially given the negotiation that went into the event beforehand.
- invisible 11y ago
  The developers were bullied out of the team by Billy. He neglected to talk to the team (on slack and Facebook). When he finally did talk he took leadership and assumed CEO roles without the team agreeing. If there could be any fair way of doing this it would involve votes by the team (which is what Bobby basically was pushing for, albeit in an opinionated way). The 0.4% didn't imply anyone else owned the remaining percent. It implied that if a company were agreed upon and formed by members of the team, everyone would get at least 0.4%.

logicallee 11y ago

But the developers did walk away, Billy was the only one who kept with it initially... And Billy didn't really have a "company" as we understand it; he came with an idea. It had nothing. A legal incorporation is a shell, nothing more. I'm not the only one who was rooting for Billy while reading this post. Nobody did anything bully-like - it's a complete distraction and red herring, nothing quoted by Billy is "bully-like" - the closest thing in the post is when Bobby suggested ousting Billy from his own idea and leadership, just because Bobby helped write two days of code. "Thanks for coming up with the best business at this event - I think you should be demoted to soemthing like business development, so someone else can run it." Ridiculous suggestion, in my opinion, especially given the negotiation that went into the event beforehand.

invisible 11y ago
The developers were bullied out of the team by Billy. He neglected to talk to the team (on slack and Facebook). When he finally did talk he took leadership and assumed CEO roles without the team agreeing. If there could be any fair way of doing this it would involve votes by the team (which is what Bobby basically was pushing for, albeit in an opinionated way). The 0.4% didn't imply anyone else owned the remaining percent. It implied that if a company were agreed upon and formed by members of the team, everyone would get at least 0.4%.