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Exactly! Get with an attorney quick. Other option is to find funding and buy him out now. Sometimes investors like stepping in where there is a shakeup, they fe
by bootdaddy 16y ago
Exactly! Get with an attorney quick.
Other option is to find funding and buy him out now. Sometimes investors like stepping in where there is a shakeup, they feel like a savior, get more equity and presumably, control. If you can do this, part of the deal will be the full release agreement along with ip assignment.
- tommartin12 16y agoAt this early stage of a startup before we have scaled, the leaving of a co-founder is likely a bad signal that would scare away any investors.