The questions you want to be asking are to a lawyer regarding corporate law given your current situation. (Talk to your own lawyer, not the company lawyer who r

The questions you want to be asking are to a lawyer regarding corporate law given your current situation. (Talk to your own lawyer, not the company lawyer who represents the company and not your interests as a shareholder) I would work on retaining control of the company and your shares, possibly isolating the CTO in terms of power, if not outright dismissal. The CTO is way out of line speaking to a board member, and majority shareholder like that. I assume you are a director and hold ~50% of the company in addition to a few of the officer positions in the company. Utilize corporate law to eliminate risk to your portfolio. The tech shit is completely irrelevant, you should be discussing with the other shareholders how out of line the CTO is and your contingency plan for dealing with officers who are not respectful of the owners of the company. Also check whether the company owes you any debt, if the other founder can't come up with the money you could also use debt to take control. Again, talk to a lawyer, and keep in mind that it doesn't matter if the company tanks if you're not going to be part of any success it has. Scorched earth the mother fucker if no one wants to play ball. (Shareholder and board meetings can be a great way to get internal feuds into the corporate minute book) Do you think anyone at Facebook cares that Mark Zuckerberg is not their top coder? (And even if he was do you think that the best value he could provide to the company would be from writing code?)