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sadfounder2023

2 karma · joined October 29, 2023

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sadfounder2023··on Ask HN: My co-founder fired me, sold the startup, and I haven't gotten anything
I reached out to my co-founder but haven't heard anything from him.

I also asked around and heard through the grapevine that the startup was sold for less than liquidation preference. But I don't know how reliable this is.

I suppose my main hesitation in hiring a lawyer is that it would cost me a bunch of money, only to find out that the startup was sold for less than liquidation preference. If I did get a lawyer to send a "strongly worded letter", would the company be required to provide details about the acquisition? Given that my co-founder is not being cooperative, I suspect he wouldn't share anything that he isn't legally required to