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throwaw87
searching PlanetScale…
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by
throwaw87
5y ago
I quit my job to start a company, trusting the legal to my business partner. We exchanged a written egalitarian cap table, but he secretly gave himself >100x more shares than listed. Yet, he called me "co-founder" and wrote tha
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by
throwaw87
6y ago
Thanks, good advice! Wanted to see if there were any options in advance, since it's hard to research online.
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by
throwaw87
6y ago
Thanks and agreed -- it is always best just to be honest and upfront about what options exist.
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by
throwaw87
6y ago
Thanks for the reply. Yes reluctantly, as long as we can satisfy the deferred lawyers. Hopefully it wouldn't make for a complex story when we're trying to raise a seed round - could look like we don't know what we're doi
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by
throwaw87
6y ago
We planned on being co-founders all along, but he came in slightly later after the legal was initially done -- then it took a while longer than I hoped to raise the seed due to COVID. He wouldn't appreciate me reneging on that, especia
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Ask HN: Giving new co-founder 40% equity at seed round?
12 points
by
throwaw87
6y ago
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9 comments