[hngiszmo]

Lol. Funny to read you are in my situation 3 years back. Had joined a team where I did not at all trust that one guy but the others were ok. They asked me to join on an equal share basis and asked me to lead the dev team in Chile and relocate from Germany for that. That one guy came over for just the first month. I was not a beneficiary of the incubator and after a month in Chile, we had to found a company and that company was to be owned by only two of the four founders, with "that guy" putting himself at 50%. I brought up the topic in a skype meeting with 15 supporters and at the time I had figured that mentioning that I signed up for 25% of the cake might get people angry and "that guy" yelled at me he would fly down to Chile and kick my butt … anyway, long story short, I took my hat and our Chilean founding partner made sure I got my 90% reembursement of the reembursable money I had put in, and 100% of what I paid to our developers to make them good for what "that guy" and the other German partner didn't pay.

At the time, I was super stressed and worried and tried to document everything in case it will be of relevance later on.

Yeah, that was three years ago and I'm forever thankful for our Chilean partner that took a great financial hit later on when the startup finally went down but that I only heard second hand …

Anyway, I'm still in Chile and like it here.

Not all startups will be the next Facebook. Being in an incubator is not only a job. Make up your mind. Don't sign stuff against your interest.