There is a way for the remaining founders to get exactly what they want. It's called "recapping". Let's say that there are 30M shares now, and you each have 10

There is a way for the remaining founders to get exactly what they want. It's called "recapping". Let's say that there are 30M shares now, and you each have 10M shares. They can take that $500K and make it on a pre-money of $100K. That would mean the price per share was $100K / 30M = $0.0033 per share. With $500K coming in, there are $500K / $0.0033 pps = 150,000,000 new shares. Now there are 180M shares total, and each of you owns 1/18th. Then the remaining founders can get a new grant to get around 75% of the company. The math to reach target percentage P with S shares is P * S / (1 - P). In this case, the remaining founders would each get 270M new shares. The total number of shares would be 180M + 270M + 270M = 720M. Let's look at ownership percentage now: - Investor = 150M / 720M = 20% - Founder 1 = 280M / 720M = 20% = 38.9% - Founder 2 = 280M / 720M = 20% = 38.9% - You = 10M / 720M = 1.4% Another side to this is liability. The remaining founders and investors don't want a lawsuit. Then again, you aren't staying with the company, and investors will be reasonably wary of investing in a company with so much stock "wasted" on people no longer contributing. The founders get get all this done and in agreement with the investor BEFORE the round closes. They should also talk to a lawyer, because I'm just someone from the internet :)