They launched a $1B startup together. Then they broke up
businessinsider.com
businessinsider.com
She suggested a change to the ownership structure of the
company that would reflect their contributions, according
to a statement she gave to board directors. The stock
options that had already vested were theirs to keep, but
going forward, the split would go from 50/50 to 65/35.
Who is the moron who gave the CEO advice to stab their
cofounder in the back for 30% more equity? As the saying
goes "bears and bulls make money. pigs get slaughtered."You should found a company with people you think would make the world better if they got rich. And then celebrate when you all get rich together.
Sad situation and I hope they come to their senses, have a beer and focus on more important things.