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Yeah, I have to kind of echo this. I've run into things like this in the past, and the legal stuff is expensive, depressing, and draining. It really weighs dow
by orthecreedence 6y ago
Yeah, I have to kind of echo this.
I've run into things like this in the past, and the legal stuff is expensive, depressing, and draining. It really weighs down on you. I'm confident making the claim that anyone in the thread screaming for blood has never dealt with this kind of thing before. It's not like you pay $500 and a week later your settlement is ready. No, it's in the tens of thousands, and it drags on. And on. And on. And on.
So, yes, please hire a lawyer and make sure they are well-versed in SV-type investment/startup bullshit. Have them review your contract and tell you where you stand. This will likely cost under $1000 and you won't spend two years fighting for a slice of a pie that has a 98% chance of being worthless.
This kind of stuff is horrible and can make you feel powerless, but it's important to know when to walk away. Not every hill is worth dying on.