Re:Ask HN:My former co-founder is threatening to sue me
by mqmouse on Friday October 29, 2010 @11:19PM
(#1849989)
That sounds like a great deal. Assuming you make the same amount of money and it wasn't an aberration...
2months X 4 weeks X 4K per week = 32K.
Minus operating expenses for 2 months (Let's just use 500 per month here) = 31K
Minus taxes (assuming 25%) = 23.25K
$11625 to have a clean corp that grosses 208K a year. Sounds like a no brainer for me...
Pay him off, make him sign a final and complete settlement that previous poster suggested.
2months X 4 weeks X 4K per week = 32K. Minus operating expenses for 2 months (Let's just use 500 per month here) = 31K Minus taxes (assuming 25%) = 23.25K
$11625 to have a clean corp that grosses 208K a year. Sounds like a no brainer for me... Pay him off, make him sign a final and complete settlement that previous poster suggested.