santirestrepoo
New Contributor
My cofounder and I have been working on a new internet service for several weeks. I was made in charge specifically of sales and marketing while he focused soley on being a technician and building the website. We had written up a contract and we were going to meet up today to sign in and plan the following weeks till launch.
Anyways, I called him up and I said, "Hey are we meeting up?" and he responds "uhh.. no theres been a change in plans." He explains that he wants 30% equity to finish building the website and he would relinquish the rights to be the cofounder and basically just chill and do maintenance. I almost laughed in his face, but kept my composure and told him I would think it over.
Looking back at it I am glad this has occurred because the vision he had for the company and my own were very different. But, what do you think? Was his proposition worth it? Where can I get someone to finish the website with no money in hand? I have absolutely no start up funding and am still a student with no job.
Anyways, I called him up and I said, "Hey are we meeting up?" and he responds "uhh.. no theres been a change in plans." He explains that he wants 30% equity to finish building the website and he would relinquish the rights to be the cofounder and basically just chill and do maintenance. I almost laughed in his face, but kept my composure and told him I would think it over.
Looking back at it I am glad this has occurred because the vision he had for the company and my own were very different. But, what do you think? Was his proposition worth it? Where can I get someone to finish the website with no money in hand? I have absolutely no start up funding and am still a student with no job.
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