Do you even have ownership of the project at this point? Don't all these others have a claim to it? Are you prepared to buy them out and/or completely start from scratch?
I do not have complete ownership, no. Co-founder has an equal stake as currently, but we have a prearranged agreement where I will be entitled to more equity upon our first financing. I don't really want to throw them out ... they are good at what they do (just not doing enough, in my opinion). I don't think it would be a problem to come to an agreement to redistribute equity.
Because I'd be hugely interested in working with a "cofounder" who broadcast his unhappiness with his previous team to a public forum as a vehicle to replace them. That guy sounds like a real rock star.
He is a rock star - and one of the most dedicated people I know. From what I've seen, he's more committed to this project than anyone else who's worked on it (including me).
However the tone of your post doesn't surprise me - you probably wouldn't understand the difficult position he's in unless you've been there before.
Comments
You really want to find yourself another technical cofounder that is fully committed to the project.
Is anyone on here interested? Email me nate@wamily.com.
Do you even have ownership of the project at this point? Don't all these others have a claim to it? Are you prepared to buy them out and/or completely start from scratch?
I do not have complete ownership, no. Co-founder has an equal stake as currently, but we have a prearranged agreement where I will be entitled to more equity upon our first financing. I don't really want to throw them out ... they are good at what they do (just not doing enough, in my opinion). I don't think it would be a problem to come to an agreement to redistribute equity.
Because I'd be hugely interested in working with a "cofounder" who broadcast his unhappiness with his previous team to a public forum as a vehicle to replace them. That guy sounds like a real rock star.
He is a rock star - and one of the most dedicated people I know. From what I've seen, he's more committed to this project than anyone else who's worked on it (including me).
However the tone of your post doesn't surprise me - you probably wouldn't understand the difficult position he's in unless you've been there before.
Word. Thanks, Sam.