throw_away_222

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visits member for 1 year, 2 months
seen Mar 12 '12 at 16:12
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Mar
8
awarded  Popular Question
Mar
12
awarded  Scholar
Mar
12
accepted What to do with equity when leaving a startup you co-founded?
Mar
5
comment What to do with equity when leaving a startup you co-founded?
Haha great one! :-)
Feb
29
comment What to do with equity when leaving a startup you co-founded?
The problem I see with getting paid now is that the company does not have an evaluation. A seed round is in progress for a set pre-money evaluation so I am afraid investors won't like the fact that we are setting up an evaluation just because I am leaving. Also, what would be the evaluation right now? The other problem would also be that they don't have any cash. It would be easier (and better for me :)) if some of the investors or VC bought me out when the round will happen.
Feb
29
comment What to do with equity when leaving a startup you co-founded?
I do believe they have some chance of success, but the value they are creating from now on it's theirs so I wouldn't want to be part of it. I'd just like to be fairly recompensed for the work I have done and then be out.
Feb
29
awarded  Student
Feb
29
asked What to do with equity when leaving a startup you co-founded?