4 ms·
Get a lawyer or at least someone who deals (talks) with them, asap, you are in a war. Important question: If they gave notice today would the notice period "he
by tmakks 6y ago
Get a lawyer or at least someone who deals (talks) with them, asap, you are in a war.
Important question: If they gave notice today would the notice period "help" with staying longer than 1 year and hence, not falling into the 1 year cliff?
All further advice depends on above question, so once we know the answer we can give proper advice.
- mooreds 6y agoCan't emphasize this enough. This is a year of your life. Find someone with a fiduciary duty to you who has seen this before.
- jpm_sd 6y agoA year isn't such a long time, in the grand scheme of things. This company sounds pretty doomed, regardless of the outcome of this conflict. Take lessons learned, cut and run.
- mooreds 6y agoI think the OP should investigate how much time and effort it will take them to get the first vest (or an equivalent agreement). Then they can make an informed choice. I agree that the partnership is wrecked and that he should walk away after determining if they can get the 10% ownership (heck, maybe the right number is 3% or 7% or something else, only the OP knows what feels least wrong). But it's not clear to me that the company is doomed (from the little we know). In fact, it sounds like it might do great.