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by mattbgates 1220 days ago
It does happen and if you aren't feeling it, it's just not for you.

I had done a similar thing but I'd put up most of the money, at least for the equipment, but upon seeing the work ethic of my other business partners, I am no longer interested in even being partners anymore. It's more of a "put your money where your mouth is" situation as it was supposed to be a division of everyone working together, but ended up that I essentially provided everything for everyone, and that was not the way I wanted it to go at all.

For me personally, however, I've got to just cut my losses and sell off whatever equipment I bought. There was no legal contracts or anything in place.

Did you agree to a certain 3-way profit if any? If so, then just have them buy you out. Depending on the time and work you've already put into the company, as well as the ideas, probably just name your price, draw up the legal contracts, so that you are ultimately settling on a buyout price.