Re:The Co-Founder Relationship
by Alex3917 on Sunday February 11, 2018 @05:38PM
(#16355231)
If you have a 10% stake though then it's completely fine for you to talk to the board whenever you want in your capacity as an equity holder. But that's different than talking to the board in your capacity as an employee.
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If the roles are separate yes. If the roles are mixed where you are being paid in stock then it should he fair.
> If the roles are mixed where you are being paid in stock then it should he fair.
Yeah and I think that's fine. Whether you are investing sweat equity or capital shouldn't matter. But if you're an employee getting paid market rate with a nominal slice of equity then you really shouldn't be talking with the board unless there is some sort of misconduct, not merely because you disagree with the product direction or whatever.