That's a good point. I'll look into it. Thank you.
34 karma · joined January 7, 2009
I'm nobody.
Otherwise, no.
I'd like to not be a douchebag, though. I work on other startups that I own 100% equity with (or split down 51/49)
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!