[trizk]

The only problem with this strategy is that 30% may leave you with nothing as the majority owner drives the company into the ground or fires you prior to vesting. You would be in a worse situation than 0 because you would have invested your time and energy. As entrepreneurs, we all know how demanding a start-up is. To be swindled is just not an acceptable result of effort.

Edit: spelling

[aaronblohowiak]

Right, i wouldnt give up control until i exited. i assumed two founders bringing in an investor who would take 1/3, so the two colluding founders would still have control.

[trizk]

I think the op mentioned that the investor wants a majority stake. Otherwise, I agree assuming that you know your co-founder well enough that s/he dose not collude with the investor to oust you.