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Re:Co-founder wants to leave, do I pay him back the money he... by mirsadm on Sunday April 01, 2012 @12:16PM (#3784072)
If you want to pursue the idea then it is best you pay him and write a contract. If the business starts to succeed I have no doubts that he'll be coming back for his share.
Re:Co-founder wants to leave, do I pay him back the money he... by fernandose on Sunday April 01, 2012 @12:19PM (#3784082)
and if i don't intend to pursue the idea?
Re:Co-founder wants to leave, do I pay him back the money he... by Tzunamitom on Sunday April 01, 2012 @12:23PM (#3784104)
Wind down the company and give him 40% of the assets, less what he owes the company.