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Question for anyone who knows:

Imagine you are cofounder of a startup that raised significant VC capital. But your base salary is less than 151k. Can you leave and start a competing firm?

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There's too little information for anyone to give you a solid answer on this. You'd need a lawyer to examine all the existing agreements and contracts, then imagine the sorts of legal cases you'd need to defend against even if you felt like you were in the clear.

And if you're thinking of taking the capital to the new competing firm - you'll want to set aside a hefty portion for lawyers.

I'm super puzzled though: are you in this situation? If you're asking here, you're obviously not talking to a lawyer and absolutely should be.

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