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All avoidable if he consulted a competent lawyer early on.
by alecco 7y ago
All avoidable if he consulted a competent lawyer early on.
- marcus_holmes 7y agoThe lawyer could solve the technical issues of how to split the company up (or not). But the real issue is the relationship between the founders. The business is screwed because these two people don't get on any more, and the business requires them to get on. Even a really competent lawyer can't solve that.
- qtplatypus 7y agoWhen reading your comment I realised that working out how to manage distributing shared property between two people is basically the task of a divorse lawyer. Which makes me think are there equiverlents of marriage counclers for business partners.
- marcus_holmes 7y agointeresting question. The closest I've seen to this is a professional chairman. I was on a board for a few years with a VC-appointed professional chairman, and he was really good with managing the relationships between the founders, VC's and executive team.