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If you were the CEO and had the majority shares, why did you allow your co-foundres (employees?) to take a controlling interest? The story sounds vague, so it i
by kirillzubovsky 14y ago
If you were the CEO and had the majority shares, why did you allow your co-foundres (employees?) to take a controlling interest? The story sounds vague, so it is very hard to say who is right or wrong in this case. Perhaps the best course of action is to learn what you need to learn from this, and to go build a successful company on your own?
- argumentum 14y agoSimply put, I was an idiot. I did not understand the power of the board. I also thought we were friends, until the very day they called the emergency board meeting. I agree that's the best course of action, and have been trying to get to that point. But the principles of the company have been unwilling to repay the personal debt I put into the company, unwilling to stop a vicious smear campaign amongst other things. It's been over 40 days since the board meeting and this is still not resolved, because they had a lawyer the entire time while I did not.