#08_advice-questions
Thread
Hello everyone 👋- One of my dear friends is going through a crisis. His co-founder is trying to force him out, in any way he can. He has already talked to two lawyers. Before starting a legal war, he wants to talk to someone who (in his own words below):
- Has been screwed by their company on an exit and taken to court. Doesn't matter if they won or lost, I just want to hear about their experience.
- Is in the VC or financing world who sees startups and how they operate behind the scenes in this type of legal situation.
- Has watched a scenario like this play out and can see a few steps further ahead.
If you know any who fits the criteria above, please let me know. Thank you.
Sorry to hear about your friend's situation Berk. Wish him the best through the scenario ahead and will check my network to see if there's anyone I know who's gone through something similar.
That is a horrible situation. Of course hoping for the best. I will look into my network as well.
I have not been in those scenarios, personally...but I have friends who have gone through that. these friends are close mentors
feel free to reach out and I can help in any manner. I love to utilize logic and I can be a stepping stone to them?
Hi @Berk C. Celebisoy- sorry to hear about your friend's troubles. I had what I would call a "bad breakup" with a cofounder last year, though it thankfully didn't devolve to the point your friend is at. Feel free to DM me but the upshot from me is that there's no scenario where your friend returns to work in a remotely normal working environment, regardless of what lawyers are able to accomplish for him. Easier said than done, but I think the path of least resistance is to find a peaceful way out with all the equity he holds and just to move on. Even if a lawyer gets him a "win" he'll never be able to truly return to work as he's known it and the company will suffer, subsequently devaluing the equity he's earned. Happy to help further if I can, feel free to reach out!
@Berk C. Celebisoy - I have dealt with and cleaned up a number of bad breakups, but resolved all amicably as court wastes time, more money, and energy. @John Kennelly is 100% correct and he should focus on getting some value personally on the way out. That is the right play. If he wants to chat, my email is . Just have him shoot me a note.