3 ms·

The non-technical co-founder is trying to steal the fruits of OPs labor and slash his equity by more than 90%. This isn't sabotage, it's a labor strike until a

by cwkoss 6y ago

The non-technical co-founder is trying to steal the fruits of OPs labor and slash his equity by more than 90%. This isn't sabotage, it's a labor strike until an equitable agreement is found.

hjek 6y ago
> This isn't sabotage, it's a labor strike Exactly. Big difference between breaking something and letting something break.
- pc86 6y ago
  You can frame it that way if you want but it's just not true. OP has been doing X for 11 months, for free (well, for equity). Right now - today - he owns that equity, regardless of what his partner is asking him to do. If he stops doing X what is his argument against his partner and the investor - who own 50-60% of shares - saying that he's abdicating his duties?
  - cwkoss 6y ago
    "This is a complex technical issue, and I'm still investigating to find the right solution"
    - pc86 6y ago
      "Lying to your investors is fraud."
      - deleted 6y ago
        [deleted]
    - Rastonbury 6y ago
      "It seems this role is too much for you to handle which is why we need someone else, we'll let you keep 3%, sound good?"
spottybanana 6y ago
Well technically no contracts are broken? Calling it a theft is overblown, there is no theft happening if all contractual obligations are met.
PragmaticPulp 6y ago
This is very bad advice. OP definitely should not do anything that might give the impression that they are abandoning their duties or, worse yet, actively sabotaging the company. That would be a dream come true for the other person’s lawyers. If the OP wants to keep his equity, he needs to continue fulfilling his duties and demonstrate that he is, in fact, still working for the company. Please don’t follow petty HN comment section advice like this. Not only is it unprofessional, but it can quickly turn into self-sabotage. Play it clean and don’t give the other side ammo to use against you in court.

3 ms·

The non-technical co-founder is trying to steal the fruits of OPs labor and slash his equity by more than 90%. This isn't sabotage, it's a labor strike until a

by cwkoss 6y ago

The non-technical co-founder is trying to steal the fruits of OPs labor and slash his equity by more than 90%. This isn't sabotage, it's a labor strike until an equitable agreement is found.

hjek 6y ago
> This isn't sabotage, it's a labor strike Exactly. Big difference between breaking something and letting something break.
- pc86 6y ago
  You can frame it that way if you want but it's just not true. OP has been doing X for 11 months, for free (well, for equity). Right now - today - he owns that equity, regardless of what his partner is asking him to do. If he stops doing X what is his argument against his partner and the investor - who own 50-60% of shares - saying that he's abdicating his duties?
  - cwkoss 6y ago
    "This is a complex technical issue, and I'm still investigating to find the right solution"
    - pc86 6y ago
      "Lying to your investors is fraud."
      - deleted 6y ago
        [deleted]
    - Rastonbury 6y ago
      "It seems this role is too much for you to handle which is why we need someone else, we'll let you keep 3%, sound good?"
spottybanana 6y ago
Well technically no contracts are broken? Calling it a theft is overblown, there is no theft happening if all contractual obligations are met.
PragmaticPulp 6y ago
This is very bad advice. OP definitely should not do anything that might give the impression that they are abandoning their duties or, worse yet, actively sabotaging the company. That would be a dream come true for the other person’s lawyers. If the OP wants to keep his equity, he needs to continue fulfilling his duties and demonstrate that he is, in fact, still working for the company. Please don’t follow petty HN comment section advice like this. Not only is it unprofessional, but it can quickly turn into self-sabotage. Play it clean and don’t give the other side ammo to use against you in court.