3 ms·
I’m spitballing here but maybe a middle ground is to convert some percentage of shares to equivalent to the seed investor shares. Assume, for the sake of argume
by mikeryan 6y ago
I’m spitballing here but maybe a middle ground is to convert some percentage of shares to equivalent to the seed investor shares. Assume, for the sake of argument, he was at one year and due 10%. Convert those share to the same terms as the seed investors.
No cash upfront, equity is somewhat preserved and the rest becomes a source of potentially passive income.
Note. He has to leave. The situation is now untenable.
- jacquesm 6y ago> He has to leave. Depending on how the investor looks at this that is not a run race, it may very well be the investor that sides with the OP and together they may be able to kick out the aggressor.