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by ScottBurson 4208 days ago
Ouch -- tough problem.

I'm no expert on these situations, but here's my take. I think you need to give them an ultimatum. Either they make you CEO -- giving you the power to cut their pay or even fire them -- or you'll quit.

I know you don't really want to quit. A profitable bootstrap (as I gather this is) is a rare enough thing that you don't want to abandon it. But you also don't want to be in a situation where your two co-founders are freeloading off your work -- that could get really old really fast. Maybe you can't get their equity back (I'm guessing you didn't set up a vesting schedule for founders' stock), but you could at least stop them from being a drain on the company's cash flow without giving much back.