3 ms·
It's usually a good deal to buy out an investor that isn't on board with your current direction. Otherwise, they'll be a nuisance going forward. Better to make
by tlb 9y ago
It's usually a good deal to buy out an investor that isn't on board with your current direction. Otherwise, they'll be a nuisance going forward. Better to make room on your cap table for new investors that are on board and will want to put in money in later rounds.
You should get specific legal advice about refunding one investor but not the others depending on your documents and situation. You should tell the other investors what's going on.
And remember not to take money from this guy next time. Fickle investors suck.