| > we were served a demand letter Your cofounder isn't suing you yet so don't panic. They're playing the intimidation game to get what they want. > We're now completely stuck. No, you're not. You're in a negotiation and you need to show strength. > Our lawyers say it would cost $150,000 to fight this in court and would take 18 months. Try to see if the other side would agree to non-binding mediation to try to resolve the issue before bringing it to court. > We don't have that kind of money or time to spare. Does the other side? Does your cofounder really want to bankrupt the company in order to get equity worth zippo? > I've given up my entire personal life for this company. > Would you walk? You already knew the answer before you asked the question. |