equityWhat is the best way to handle shares when a co-founder leaves after less than a year and pre-money?
Quite often you’d have a vesting period for founders, which is quite similar to that of those of employees. If you’ve such an agreement in place ahead of time, then you’ll know what to do.
If not, then manure can hit the fan so try to reach a gentleman agreement. Here’s another answer with a few pointers on what should have been covered in your founder agreement:
https://startups.stackexchange.com/questions/9060/tech-startup-ask-shareholders-to-commit-to-project-to-prevent-losing-equity/9062#9062
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