Ask HN: Co-founder leaving a startup for free without equity?

Re:Ask HN: Co-founder leaving a startup for free without equ... by mickeyM on Tuesday September 24, 2019 @10:49AM (#21060792)

Thank you. Yes, not having the vesting agreement is a mistake. A lawyer is currently too expensive for me, so I'll try to get it done myself. Even if they found some way to get me out without my consent/go around me, the fact that I've done most work about the app apart from programming means that Jim & whoever he hires would have a hard time understand & navigating it wihout my help & advice

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Re:Ask HN: Co-founder leaving a startup for free without equ... by mooreds on Tuesday September 24, 2019 @11:38AM (#21061319)

I think that maybe a trusted advisor that you both know might help. You don't want to tear down the company and neither does Jim. How can you both get what you want?

What do you want? I thought it was equity when I first read this, but some of your comments read like you'd be ok with some money. I would think carefully about this before moving any further.

Someone made the point that the equity isn't likely to be worth much. I agree, but for me I'd be digging my heels in because of fairness. At the same time, maybe that doesn't matter as much to you right now.

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Re:Ask HN: Co-founder leaving a startup for free without equ... by mickeyM on Tuesday September 24, 2019 @11:50AM (#21061441)

Yeah, after some comments and thinking I think the walk away money would be more reasonable to go for than the equity. Thank you!

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