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Makes sense. If they demand equity, how would you respond to that? Are there legal ramifications? ( putting your friendship aside.. )
by flannelfounder 13y ago
Makes sense. If they demand equity, how would you respond to that? Are there legal ramifications? ( putting your friendship aside.. )
- cdvonstinkpot 13y agoThen I'd say at the very least the friendship's over. You might look into hiring an attorney to defend yourself, but I wouldn't worry about it too much since their demand wouldn't have a legal leg to stand on being that there was never any written or signed agreement stating they were due any equity. Let them sue you & lose I guess. But then I'm no attorney, so don't take my word for it.