Re:Ask YC: Startup crisis. Out of money and tech co-founder ...
by drinko on Thursday May 08, 2008 @03:38AM
(#184298)
She wasn't initially hired as an employee - it was more of a contract agreement to develop the beta, with the option to come on as a full partner if we were working well together.
It wasn't a hazy equity offer.
Any scaling equity package should be linked to dates and performance goals. You basically said you didn't want her to own the company unless it succeeded, when success was contingent on her.
Sounds like she trusted you. Then stopped trusting you. Then left a few months later. You screwed up. Go apologize.