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by kellros
5275 days ago
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Honesty is best policy. Effectively there's a difference between investors and partners. Investors put in money and reap profits. Partnership has to do with sacrifice (time). In all fairness I'd say it would be good if you take your current salary ( from startup ) + his current salary ( from startup + job ) and divide that by 2. It is only fair if you both do equal amounts of work a week that both get the same benefit in a 50/50 partnership. If that's not viable, propose the reallocation of shares - you could always visit a lawyer. Alternatively, if you're running the business - take a vacation and see if he picks up the slack. |
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About taking a vacation, I feel he wouldn't step up (or he'd do a bad job), so it'd would be basically abandon the business to its own luck (or best case scenario, waste time in limbo). Not sure I want to do that unless it's a last resort option.