2 ms·
> Is it reasonable for me to keep 10% of it. - They think it's way too much. It doesn't matter what they think. They're your shares. If they think you shouldn
by gonational 9y ago
> Is it reasonable for me to keep 10% of it. - They think it's way too much.
It doesn't matter what they think. They're your shares.
If they think you shouldn't own 10%, then perhaps they should fork out whatever price it is that you deem to be sufficient for your 10%.
If they want to buy you out and they're raising 500k at a $2.5 million post-money valuation, I'd tell them to pay $625,000 for your post-raise 25% or $375,000 for the 15% you're prepared to sell. They should be grateful for your gift to them, if you were to sell your shares for less than a rate of $25,000/1%. Keeping 10% for your future, after having sunk 16 months into the company, is definitely not unreasonable.
The above is only my opinion and is not financial advice.