Re:Ask HN: How to leave a startup when you own a third of it?
by beat on Friday May 19, 2017 @03:58PM
(#14378893)
Exactly. They should have had this worked out from the start, just in case. "Irreconcilable differences" isn't the only thing that can go awry, and a vesting schedule protects everyone.
If you're losing all your equity after over a year of work just because you had a falling-out with co-founders (or investors), you didn't do your homework.
Re:Ask HN: How to leave a startup when you own a third of it?
by sage76 on Wednesday May 24, 2017 @05:50PM
(#14413747)
You JUST said, that the terms won't matter, the vesting won't matter if you leave, since it is a red flag. You implied that "doing your homework" may not protect you, since even vested equity of an ex-cofounder might be frowned upon.
So which side are you arguing on?
That's why you set up terms up front. If, when they decided on a 33/33/33 split, they also decided on a vesting schedule, they wouldn't have this problem. The OP would get some percentage value based on math, from contract terms they all agreed to when they started.