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I recommend you call George Grellas’ practice, ask for a consult for valuation and exit guidance. No affiliation.

https://grellas.com/our-team/george-grellas/

you can negotiate in advance a buyout at the next fundraise event, like if he raises 2 mil you will get 200k in exchange for the 14. I will note that you should try not to anchor on the safe cap, it’s not an equity valuation, the company FMV is something like $900k even with the revenue, valuing your 15% at 135k which seems about right. The problem with this is the seed investor may not like it but maybe the remaining founder can dilute an extra 200k from angels to arrange the buyout w/o damaging perception of the round? idk, the right lawyer can help here

I know nothing of this world but I’m curious what incentive do you have to give back equity that is already yours? Wouldn’t a company just buy it back in some way or dilute you once they get more investment?

Talk to a lawyer.

Ask HN: Cofounder Exit Offer