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We've spoken a fair bit and they don't have anything specific to say. It's mainly that they don't like or want the stress of working on a startup, and want to r
by fortydegrees 6y ago
We've spoken a fair bit and they don't have anything specific to say. It's mainly that they don't like or want the stress of working on a startup, and want to run it more as a lifestyle business.
- rutthenut 6y agoThat's tough. I think they will need to realise that the commitment to having seed funding and a co-founder are not the same as a lifestyle business - especially when they do not have funds of their own to fall back on and revenue is not presently hitting the numbers that would be needed. Even a lifestyle business requires more than just 'coding'. That person at least is likely to have an unpleasant awakening. I just hope it doesn't hurt either of you too much
- mmastrac 6y agoIf they want to run it as a lifestyle business, that might be some leverage with your investor. Lifestyle businesses are great, but they do not return the same as high-growth venture businesses.
- jiveturkey 6y agolol! too late for that! he took seed money.
- cultus 6y agoThey are trying to kick you out a month before you vest! These guys are not acting in good faith. Do not trust them. Wait a month and vest. Then quit. You were the technical lead. More than anyone, you built it. Don't let these suits steal it from you or bluff you. So often business types take advantage of financially unsophisticated technical people.