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My two cents… 1) They buyout the shares. If they don’t want to do that then… 2) Sell the company. If either of these can’t happen the company is dead and eve

by takklz 1y ago

My two cents… 1) They buyout the shares. If they don’t want to do that then… 2) Sell the company. If either of these can’t happen the company is dead and everyone parts ways. It’s as simple as that. No free rides here.

tptacek 1y ago
What? No. A departing founder doesn't necessitate either a buyout or an immediate sale. This happens all the time.
- takklz 1y ago
  Sorry, you’re right. There should be a third option 3) You keep the shares and hope for the best outcome. (If they don’t want you to then go back to 1 or 2)z
  - tptacek 1y ago
    No, you don't.
    - takklz 1y ago
      You don’t keep the shares?
      - tptacek 1y ago
        You don't have recourse to force a sale, buyout, or wind-down of the company.