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Yes, morally speaking. Don’t screw your cofounders. Pay that man his money and move on. 2k is a drop in the bucket to a VC funded company.
by rajacombinator 8y ago
Yes, morally speaking. Don’t screw your cofounders. Pay that man his money and move on. 2k is a drop in the bucket to a VC funded company.
- technuke 8y agobut isn't this an abuse to the shareholder money injected in the company given that he wants to conduct a private consultation session?
- rajacombinator 8y agoNo. The investors should have put in the money with the expectation that some of it would be used to clear up whatever cap table issues exist. Could your ex founder pay for this himself? Sure, but founders are often short on cash and it is bad for the system if hostile VCs can come in and just bury the founders they don’t like in legal fees. I assume you’re trying to get rid of this former cofounder - 2k is a pittance, it’s better to resolve this quickly and move forward.