4 ms·

He shouldn't be giving up any of his shares. At all. He should be demanding more options. In all likelihood - he's the reason the business exists. They would ha

• danielweber 12y ago
  Unfortunately it all depends on his bargaining position right now. It might feel good for the rest of us for him to take one for the team and stand up for his rights, but it could lead to him having a worse outcome if those rights are beyond his bargaining position.
• Silhouette 12y ago
  They would have nothing without him. The trouble is, that probably isn't true. They might have had nothing without him before, but now they have 16 people left without him, and presumably by now some of those other people are technical as well. So, his relative importance may already have been reduced from "indispensable" to "valuable technical leader", and his personal negotiating position is getting weaker all the time as the business grows. He may have to give up something of value now to consolidate his position for the long term, but if he's been suckered already then consolidation may be the best course of action that is still available to him. Of course even a somewhat reduced but secured stake in the business may still work out very lucrative if the company is successful at its new scale and funding. The real question is how much influence he has left to give up as little as possible while securing the rest.
• pbreit 12y ago
  Not really. They could let him go and find someone else (or promote internally) for much less.
• edanm 12y ago
  That's a pretty terrible sentiment. Unless you know something that wasn't told in this thread, why would you think that?