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Like you said, a deal's a deal. If you maintain a reputation as a reliable and honest person, it'll be much more valuable to you than the equity you could gain
by markerdmann 14y ago
Like you said, a deal's a deal. If you maintain a reputation as a reliable and honest person, it'll be much more valuable to you than the equity you could gain by going back on your word. The SV tech scene is a pretty small world, and a good reputation will help you grow your business in unexpected ways.
- disappointedguy 14y agoI (and my other partner) do value reputation and overall I'm inclined to roll with this. The only counterpoint is that the departing co-founder really didn't live up to his end of the bargain. Work was low output and quality and this isn't in retrospect. It was like the fellow started crumbling almost from day one & then, the obvious inadequacy of his efforts just sort of piled back on in feedback loop. So while I feel sorry for the fellow, honestly I do, I also don't really in any way feel that he lived up to any spirit of his commitment to us and his non-performance has hurt us in material ways. It sort of feels like a choice of either being a jerk or a patsy.