2) That one's a bit difficult to judge, I certainly screwed up the management parts of my job, whether I'm any good as an architecture designer and someone who makes technical decisions ... can't really tell; I think I managed quite alright.
3) I guess potentially I could, but not very happily. I'd rather remain a CTO and have some very hands-on/tough coaching regime to get me into shape within a few months.
4) Right now there's just the two of us, but some other people are involved on a looser basis.
1. We have some advisors/extremely-early-investors so any two parties that band up together, have the majority share and can throw the third party out.
2. This someone else has been footing a lot of the bills for the startup because they could take on other projects while I worked on the product. Because the we agreed to mostly split the bills halfsies and I didn't have the money, the other cofounder payed for me and now I owe him the money. He is now requesting I vouch for it with a big enough share of the company so he'd hold the majority share.
Also, as mentioned, we're both in the company on a reverse vesting thing - this is so when problems occur, people can be thrown out without taking half the company with them (ie. better for the company, not for the persons)
And that's basically how someone else has the ability to kick me out.
As for the startup itself, it's almost certain to get a follow-on of a certain government grant, so it wouldn't be the wisest decision to just dissolve it completely.
As I said, I am willing to step down as CEO and just remain a CTO at least for the time being, however the other cofounder's stance is that I don't deserve even that much. They even went so far as to suggest I don't deserve even a code monkey job in the future.
Hello everyone,I usually have an account with a decent 4-figure karma, but felt safer asking for advice on this topic through a throwaway account.Here's the situation: we're a young startup doing some pretty cool things, but after we released our product to the general public things started going a bit apeshit. Many mistakes were made and we basically failed to iterate quickly enough, all the...