Re:Ask HN: How to deal with a non-performing co-founder?
by wewyor on Monday April 25, 2011 @10:26PM
(#2483758)
Considering he gave him a good share of the company he may have to buy him out if he goes this way.
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Re:Ask HN: How to deal with a non-performing co-founder?
by brk on Tuesday April 26, 2011 @08:41AM
(#2484910)
How so?
If it's only been 5 months, and there is a 1 year cliff, I don't see where the issue is. On top of that, he would only have the right to exercise (purchase) options if he wanted to, and you would have no immediate obligation to buy him out of anything at all.