3 ms·
Options: 1. Offer a buyout (perhaps a buyout of your stake). 2. Resign and start your own company. 3. Document failure to perform. Consult an attorney. 4.
by mchannon 14y ago
Options:
1. Offer a buyout (perhaps a buyout of your stake).
2. Resign and start your own company.
3. Document failure to perform. Consult an attorney.
4. Grin and bear it.
5. (not listed here)
- caw 14y ago5. Talk to your cofounder honestly It's amazing how much people don't like to talk to one another about things. With 4, you just end up getting pissed off and exploding later. 2 and 3 burn bridges, 1 could be conveyed as wanting to take another path if you sell or potentially greedy (he sells)
- mchannon 14y agoMany people don't like to talk about uncomfortable subjects, and the reason is simple: they have a pretty good idea what the result will be (not pretty). The other partner has leverage, be it legal, financial, or emotional, and when you're dealing with someone with leverage over you, you need to consult every last option before you even think about bringing things up. I think the OP's right to consider his non-conversational options.
- S4M 14y agoWell, the OP is only presenting his point of view, maybe the cofounder will think differently and a honest conversation can help clear things out. And if not, the four other options remain.
- dear 14y agoMy situation is not that bad yet, therefore the "hypothetical". I hope it would never get to that point. But I want to see if there is any protection just in case.