tommartin12

5 ms·

1.
by tommartin12 16y ago
we have a company and I own 70% of the shares, he owns 30%. So that is a contract if you will.
2.
by tommartin12 16y ago
not really possible, he doesn't have the money.
3.
by tommartin12 16y ago
I had my reservations before we started about the remote arrangement, but started anyway. The thing is that he is good at his chosen field of technical expertise(with years of experience in big companies), but I am finding out that if he ne
4.
by tommartin12 16y ago
At this early stage of a startup before we have scaled, the leaving of a co-founder is likely a bad signal that would scare away any investors.
5.
by tommartin12 16y ago
I suspect that this might be part of the problem, he has mentioned that he would like to re-negotiate the equity split. However, I feel like giving him a larger proportion of the company to solve a motivation issue is not the right thing
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by tommartin12 16y ago
i put in 70% of the capital, he put in 30%.
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by tommartin12 16y ago
no contract, we talked about shareholder agreements but nothing put in writing. I have asked him to move temporarily, after months of "nagging him", he has agreed to come for a month at a time. But I feel like it's kinda self-defeating, I s
8.
by tommartin12 16y ago
1. Yes, but it is a chicken and the egg, he is not willing to move unless we can raise funding, but... Most investors will not invest unless we have the whole team together. 2. Yes, we are still going full steam ahead, but I just have th
9.
Ask HN: I think I want to breakup with my co-founder, help me
8 points by tommartin12 16y ago|18 comments