> It may be an anonymous account, but I hope you realize that you've just made an un-anonymous post...

They are pseudonyms.

> Lesson learned the hard way: at your next startup, don't do any work until this stuff is nailed down.

Good advice.

> Wrong attitude. That's EXACTLY what someone who's trying to steal 4% of the company from you wants to hear.

Also a good point. I still don't feel in the right doing so.

> Determine your BATNA (best alternative to a negotiated agreement). Maybe that's bending over and taking 16%. Maybe it's walking. Figure out what you want to do, then do it.

Thanks for your feedback!