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I forgot to cover this in our agreement. The closest thing we had agreed on was I'd put in $20k to buy the existing app and to 'catch up' my investment to just
by itake 3y ago
I forgot to cover this in our agreement.
The closest thing we had agreed on was I'd put in $20k to buy the existing app and to 'catch up' my investment to justify me owning 30% as a co-founder. Since he doesn't want me a co-founder anymore, it doesn't make much sense for me to spend $20k to own 30%.
Assuming there is no contract, is my understanding reasonable that he should unwind my contributions?