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

Re:Ask HN: Co-founder leaving a startup for free without equ... by adonese on Tuesday September 24, 2019 @04:47PM (#21064462)

A similar situation is happening to me currently and it’s quite killing, I thought I’d share it with you. We are 4 partners, we have created a startup a year ago. We work in electronic payment systems, I have done our whole infrastructure including the payment gateway integration and PCI certifications, etc and my best friend and college had done the Android part. We are in a very critical situation now as he’s leaving to pursue a masters degree (studying abroad). It has been since then the worst time of my life. I have never talked to him about it and I frankly so mad at him that I just want him to leave.

I own 20% of the shares, it’s quite unfair but I really couldn’t care less. All i wanted is to make our startup work.

It might be irrelevant but I just thought I’d write it here

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Re:Ask HN: Co-founder leaving a startup for free without equ... by mickeyM on Tuesday September 24, 2019 @05:19PM (#21064743)

Thanks for sharing your experience - that sounds pretty bad, I hope you work it out somehow. I think the vesting schedules should be talked about more especially among starting entrepreneurs so they can prevent situations like ours.

If you are comfortable sharing it - what is the reason the guy leaving the company doesn't want to negotiate something with you? Does he want to retain his full equity?

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