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takklz 2 days ago

My two cents…

1) They buyout the shares. If they don’t want to do that then…

2) Sell the company.

If either of these can’t happen the company is dead and everyone parts ways. It’s as simple as that. No free rides here.

tptacek 2 days ago | parent [-]

What? No. A departing founder doesn't necessitate either a buyout or an immediate sale. This happens all the time.

takklz 2 days ago | parent [-]

Sorry, you’re right. There should be a third option

3) You keep the shares and hope for the best outcome. (If they don’t want you to then go back to 1 or 2)z

tptacek 2 days ago | parent [-]

No, you don't.

takklz 2 days ago | parent [-]

You don’t keep the shares?

tptacek 2 days ago | parent [-]

You don't have recourse to force a sale, buyout, or wind-down of the company.