senidesantjagi

Thank you. I will take this advice and contact the investors.

I could start a company without my cofounder. I already have plans to do so, but I won’t use the same business idea or IP. I have a different vision (hence our conflict to start with). I agreed he could keep the IP and I would be free to do something else, in exchange of a ‘buy out’. But after 6months of negation he kept adding new terms to the buyout and the last one, to which I couldn’t agree, were very restrictive covenants of 24 months. His argument was that he didn’t want to let me use his money to start my own business in competition with him. I could approach the same investors, but with something new, something fresh. The IP is mine, and my plan is to license it to another business at this stage.

My cofounder told me they are aware and that “they don’t see me as critical person to the business” (quoting). He also told me they don’t want to talk to me. I doubt any of that is true, but not 100% sure. I could reach out to them, but would that be a good idea? And how could I do it in the best way possible?

I am already doing that. Each lawyer has a different strategy. Some are more aggressive than others. I wanted to hear Thoughts from The community.

I am talking to a lawyer tomorrow. Thank you..