3 ms·
"this is a set of circumstances where the developer had most of the leverage, you failed to recognize it and got burned" This is true to a degree. We agreed to
by drinko 18y ago
"this is a set of circumstances where the developer had most of the leverage, you failed to recognize it and got burned"
This is true to a degree. We agreed to the initial arrangement as a fair deal, but I didn't appreciate the way she swtiched terms on me, and then bailed when the going got tough. (ie funding ran out)
- aston 18y agoDoesn't speak well to her commitment to the company, but she probably was right about being owed more equity in the company, if only because her leaving really has taken out a good chunk of the value of the enterprise.
- tptacek 18y ago"Commitment to DrinkoCorp" is not actually a virtue, just so we're clear.
- aston 18y agoI disagree, at least in the general case. I believe everyone has a basic responsibility for the well-being of others (insofar as you can reasonably help), and so even if the negotiated agreement is bad I think it's more virtuous to end on good terms. Threatening to quit just because you have a ton of leverage isn't illegal or immoral, but I'd look down on somebody who did it as prizing money over relationships, which to me is definitely a vice.
- tptacek 18y agoIf relationships are paramount, everyone should have the same equity stake. What's the formula that gets you from 50% to 6% for $6000/mo? Just a thought.