> It may be an anonymous account, but I hope you realize that you've just made an un-anonymous post...
They are pseudonyms.
> Lesson learned the hard way: at your next startup, don't do any work until this stuff is nailed down.
Good advice.
> Wrong attitude. That's EXACTLY what someone who's trying to steal 4% of the company from you wants to hear.
Also a good point. I still don't feel in the right doing so.
> Determine your BATNA (best alternative to a negotiated agreement). Maybe that's bending over and taking 16%. Maybe it's walking. Figure out what you want to do, then do it.
> the first two founders, Austin and Michael...
It may be an anonymous account, but I hope you realize that you've just made an un-anonymous post...
>I originally was to receive 20%...
Lesson learned the hard way: at your next startup, don't do any work until this stuff is nailed down.
> I surely don't want to cause any conflicts at all
Wrong attitude. That's EXACTLY what someone who's trying to steal 4% of the company from you wants to hear.
> What do you think I do?
Determine your BATNA (best alternative to a negotiated agreement). Maybe that's bending over and taking 16%. Maybe it's walking.
Figure out what you want to do, then do it.