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Feb
3
comment How to fire a co-funder on non funded company
For sure, right now we have no money, so we can't pay him anything, so how can we found an agreement on virtual things ? We thought of 2 proposition : we live 10% to him as an "early investor", we will fund with him, and he will have no other rights than just owning. Or we buy him out, by saying we owe him something like 200 days of work (so around 100k at his rate). This seems to be a lot tho. How to contract this, shall we use a lawyer ?
Feb
3
comment How to fire a co-funder on non funded company
Hi. He thinks his contribution was really important which is true as he is by far the most experienced of all of us. What are exit points ?
Feb
1
asked How to fire a co-funder on non funded company