4 ms·
I relate with the latter part of your story. A company I helped found had an uneven equity split. I was focused on building our platform out and didn't really
by technologia 8y ago
I relate with the latter part of your story.
A company I helped found had an uneven equity split. I was focused on building our platform out and didn't really care about the equity after we set the initial split; Because I was so naive and had a co-founder like your Mr.X, only my equity share was diluted each time we hired someone. Eventually I noticed but it was far too late for me to do anything about it; Years later I carry this lesson with me to constantly pay attention.
[edit]: Forgot to mention my Mr.X drove the company into the ground after I left.
- jerguismi 8y agoWhen doing business, you have to look after yourself. In this case you could have been follwing what the co-founder was doing, and you should have brought up that you don't consider it fair. Things are simpler when there is some simple measure of "fairness", such as salary. With equity it is always more complex, since equity also relates to the risk position, is hard to assign value to, etc.