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by meiraleal
769 days ago
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The product doesn't have income yet, right? So it's still in a phase that it needs to put money on it to continue. Do you plan to support the development of it through your own money? If so it would make sense for you to keep your share. The product you developed is a liability and needs maintenance. The only thing you can do is sell your share, which wouldn't be easy (thus proving my point). |
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in the event that the remaining founder is working to sell the product and grow the business while not drawing a salary, and without outside investment, it would be fair for that founder to be compensated with additional equity as if they were making cash investments equal to a reasonable wage for that founder, which would dilute the equity of other co-founders who were no longer working for the startup.