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Be more careful who you hop into "bed" with. Ideally, cofounders should be childhood friends. Give them a chance to explain, dig into the allegations, and rea
by inscartwheelies 6y ago
Be more careful who you hop into "bed" with.
Ideally, cofounders should be childhood friends.
Give them a chance to explain, dig into the allegations, and reach your own conclusion. >50% probably true, walk-away.. and if too many other people believe similarly, you should consider walking-away if they're not your long-term friend because your reputation would be at risk as well.
Money isn't worth more than integrity, or the proper maintenance of also seeming to possess integrity as well, unless they can be neutered with a contract.
If you stay and they are confirmed, you may have lashed yourself to a bomb who is more liability than asset. Remember that most startups fall-apart because of founder squabbles, and some loose-cannon founder acting like they're out of the 1950's causing 2020's HR problems without an HR department, which is probably going to fall on your head to make right. So don't do that.
One consideration is to make them sign a contract that they forfeit all of their current and future vestable equity to the other founders equally if they are found to engage in such substantiated behavior with employees. If they are so great and necessary to success, reign them in and manage them wisely.