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Stories like this make me wonder if there's a form of pre-business counseling much like premarital counseling where you discuss with your cofounder expectations
by andrewmcwatters 6y ago
Stories like this make me wonder if there's a form of pre-business counseling much like premarital counseling where you discuss with your cofounder expectations going into the business and talk about worst-case scenarios like this and how each party would handle it at the time of the counseling (considering people change over time).
- gwbas1c 6y agoI thought that's what involving a lawyer in these kinds of negotiations is supposed to do? That requires having the bucks in the bank to pay for a lawyer. If fourtydegrees is young with a thin wallet, I don't think lawyers were involved.
- codegeek 6y agoNot all lawyers will cost 100k. You can get a good lawyer for 2-3K for basic consultation and if you don't even that type of cash, then it is tough for sure.
- gwbas1c 6y ago> You can get a good lawyer for 2-3K for basic consultation Maybe it's just my style, but that's a lot for me to shell out on "day one" of working with someone. I prefer to trust the people I work with. But, in a situation like this I'd happily spend that kind of money to get something straightened out.