biphasic

I agree that he wants to rush it before the grant comes in.

Would be great to chat, how can I contact you?

Understood! What do you think of the deal? Is it a fair offer?

Would agree if it wasn't for employee stock pool and first founding round this year which is already going to make the 1% more like 0.65

Agree with that

Agree that 1% is too small. Would be happy with 2-3% plus the cash

> You have already realised the biggest value of that company; lessons about what to look for in a future co-founder, how to run a company and build a product.

Agree with that, I now know what to look for if I started a new venture. Thanks a lot for sharing your story!

I'm interested in coming to an agreement, I have not much to gain in holding on to all my shares.

because he has a 2/3 majority, he can lift my rights for preferential subscription, which means I don't get the chance to buy them. He could issue new shares at a really low price and buy them himself.

I'm trying to push up the stock, but my co-founder is a tough negotiator and adamant

that is correct. The company needs to build a product more or less from scratch at this point

Because he had started to develop contacts one year before and argued that the CEO needs more power, and I was naïve and went with it.