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I think a professional mediator may help resolve this situation. Everyone should feel they are fairly compensated. From a technical person’s perspetive they are
by cvaidya1986 9y ago
I think a professional mediator may help resolve this situation. Everyone should feel they are fairly compensated. From a technical person’s perspetive they are doing all the work. A business person often looks at a chief technical person as a key component of the overall business model. In my opinion, the most important question is will both of you do whatever is necessary to make this startup successful? A healthy cofounder relationship is essential to this. Could you have done this startup all by yourself? Remember half of a billion dollar company is better than a 100% of a broken startup. I would also encourage you to look at several Harvard business cases where there was tension between a CTO and non technical CEO. Many times a technical CEO would be moved to a CTO role. Once they sold that company, investors would be confident in them being the CEO a next time. In short, I would suggest thinking of this from a lot of perspectives before jumping to a decision. In general, a healthy cofounder relationship is critical to a startup and please resolve this now rather than later. Best of luck!
- njens 9y agoNo, I can't do this startup by myself. He's done some great things already getting the company funded and finding me. (Hard words to say.) I left my academic job to experience the thrills and spills of founding+leading, that's something I feel like I've lost that is part of this. I'm striving to keep this real and face all the truths. I don't want to kill this venture, but know what I've felt growing over the past few months. Perhaps it's transient and I need a better focus on the bigger picture. (CTO vs non-technical CEO readings sound like a great move.)
- majc2 9y ago> (Hard words to say.) I would encourage you to reflect hard on this. Personally, I would worry that you're finding it difficult to give your CEO/co-founder credit. I don't know you, so it is not for me to judge the reasons - but I think you should try and understand why you find it hard, and if that is a problem with you, a problem with the CEO or something else.
- cvaidya1986 9y agoI am sure you will make the right decision. Think 10 or 20 years ahead. You can be CEO in your next venture after a positive outcome and experience of this venture. Those case studies really put the timelines in perspective. Many people in your place went on to become successful CEOs in their next ventures. Either way, you are in a great place! I would say optimize on long term relationships as well. Better to keep things civil and win win for all. Entrepreneurship and investing is a small world.