15 ms·
Just needs to be <50%
by mattieuga 10y ago
Just needs to be <50%
- mehta 10y agoyeah, this is my line of thought as well. But it gets complicated when there are two co-founds in the same boat :)
- MacsHeadroom 10y ago[Disclaimer: I am not a lawyer. I am especially not your lawyer, or anyone else's. This is not legal advise. I recommend anyone in this situation retain an attorney and ask them for legal advise on this subject.] Get an angel check. One share in a billion leaves neither cofounder with a controlling interest. For what it's worth, I recommend giving more like 2% for a sole angel, assuming their contribution runs little further than satisfying this control problem. But technically speaking, whatever somebody agrees to should solve the control problem.