Maybe I'm missing something, but I don't really see what's wrong with this. The angel paid for his shares with cash. If he's also working for the business -- a

Maybe I'm missing something, but I don't really see what's wrong with this. The angel paid for his shares with cash. If he's also working for the business -- and driving significant value, it sounds like -- he has a right to ask for compensation for his work. And the founders have a right to say no. Now if he's threatening to torpedo the current deal, that's just childish and stupid.