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Not giving a guy who’s bringing nothing to the table but money 51% of your company sounds like a good idea. Not trying to be mean, but as soon as I read that I
by Joe-Z 8y ago
Not giving a guy who’s bringing nothing to the table but money 51% of your company sounds like a good idea. Not trying to be mean, but as soon as I read that I was like „Oh boy...“
- jeena 8y agoThat is basically what we learned from it. About a year ago me and two other friends wanted to start a new company and we found investors but they wanted to have those 51% so after many negotiations and back and forth the thing they didn't want to give up was the 51% which lead to us not working together with them. It's just not worth to invest all the work into a new company which you don't own to a degree that you can decide what to do.
- Joe-Z 8y agoGood on you for standing up for yourself. I hope everything worked out in the end!