Ask HN: late co-founder underperforming

3 pointsby RichardDL작년4 comments

We have this terrible situation where our late co-founder is underperforming badly. I mean way below any expectations. But of course in our contract we don't have anything about expectations or performance and we are in Europe(Spain). Things are not going well with him, this was way harder than expected for him. And he is willing to leave the company, but he wants his shares to vest before the cliff period. Otherwise he is happy to stay in the company.

And it just feels bad to give someone 5% of the company because he was with us for 8 months and sold to 0 customers.

Is the only way to bite the bullet and give him 5% or is there anything else we can do?

5 comments

gus_massa작년

Get a lawyer that reads everything all of you signed and explains you how to fire the guy.

I expect him to sue if fired, so get a layer now to ensure you dot all your i, cross all your t and tilde all your ñ.

catlover76작년

Tomte작년

> where our late co-founder is underperforming badly

That's hilarious. :-)

Sorry, carry on.

RichardDL작년

I know, dumb mistake. We were blinded by the logos "experience". Turns out the guy hasn't really done much execution in the last decade.

bityard작년

"Late" is a very common synonym for "dead." If that is the case, he may have a very strong alibi for underperformance.