Re:Ask HN: Co-founder leaving a startup for free without equ...
by jmalicki on Tuesday September 24, 2019 @12:31PM
(#21061929)
> it was apparent that I'm more capable than Jim, or to put it other way Jim doesn't really have an idea what he's doing
In other words, you're leaving because you believe the value of your shares are approximately $0.
Why are you spending your valuable time, energy, and creativity fighting to retain your 40% of $0, rather than moving on to doing something more useful?
I guess the turning point was when we were talking to a journalist and he asked us what are our KPIs (key performance indicators). Jim had no idea what that is, so he just told him some nonsense - I had to step in to make it clear. I just don't want to imagine the embarassment if we were sitting with investors instead