Ask HN: Giving new co-founder 40% equity at seed round?

Re:Ask HN: Giving new co-founder 40% equity at seed round? by Twaway45609 on Monday December 28, 2020 @03:32AM (#25557667)

Could you not dissolve the business and create a new one together, bringing thrn in all its ip etc..

[ Parent | on HN ]

Re:Ask HN: Giving new co-founder 40% equity at seed round? by throwaw87 on Monday December 28, 2020 @07:04AM (#25558564)

Thanks for the reply. Yes reluctantly, as long as we can satisfy the deferred lawyers. Hopefully it wouldn't make for a complex story when we're trying to raise a seed round - could look like we don't know what we're doing.

Was hoping a way might exist without having to dissolve since we're also short on cash.

[ Parent | on HN ]