Re:Jeremy Guillory's Counter-Complaint against Cruise Automa...
by jimbokun on Friday April 15, 2016 @11:08AM
(#11504916)
How do you justify use of the term "fired"?
If you have 50% of equity, therefor 50% of the vote in corporate decisions, how can the decision be made to "fire" you without your active consent?
"Fire" seems to apply to someone compensated under the normal "right to work" ("right to fire") legal framework in the US, not a founder. So the terminology seems very odd to me.
(Maybe this just reflects my lack of understanding of business law?)
If you have 50% of equity, therefor 50% of the vote in corporate decisions, how can the decision be made to "fire" you without your active consent?
"Fire" seems to apply to someone compensated under the normal "right to work" ("right to fire") legal framework in the US, not a founder. So the terminology seems very odd to me.
(Maybe this just reflects my lack of understanding of business law?)