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Ask them to assess when they think the startup will be profitable, considering everything invested to date, then reproportion your equity accordingly. So if eac
by trizk 16y ago
Ask them to assess when they think the startup will be profitable, considering everything invested to date, then reproportion your equity accordingly. So if each of you have 25%, the consensus is 2 years to profitability, and you spent 2 years there already, then you should agree to reduce your share to 12.5%, splitting the other 12.5% between the remaining 3 founders. You can also offer to play an advisory role for a bit more.
- bluethunder 16y agoThis seems like the right split. Also the founders would have the capacity to issue more shares - so if it takes longer than 4 years then they can issue stocks to whoever sticks around after that.