> There are two possibilities right off the bat: (i) the CEO is involved, which is likely given the difficulty involved in squeezing-out a shareholder + 50% co-founder; (ii) the CTO is working alone, hoping to push you out the door and benefit in some way from the resulting vacuum.
Well aren't you mister negative here. If this guy was just an employee the tone of this thread would be very different. Every CTO knows there's coders that can just drag down the efficiency of the team. Every programmer knows in his bones that some programmers are poisonous to your codebase, even if they get shit done.
So how about a third option: They are just trying to cut out dead weight from the company.
So yes, get an attorney, yes, make sure you get what you deserve. But don't assume your friend (your cofounder is your friend right?) is backstabbing you before you are absolutely certain, no use in getting bitter before the hurt is done. A startup is a business, and businesses need to run efficient to succeed.
Asking you to leave, and asking it to be in three to six months, that's quite different than doing it suddenly when your grandmother dies. To me it sounds like they're doing it as classy as they can.
I'd say, if you really want to keep working with them, step up your game, make sure you're the programmer they need.
In any case, lawyer up, you have risked a lot going into a startup, so you most definitely have rights to that slice of the money pie when it comes.
It always pays to take the worst case scenarios seriously. If you refuse to even consider them, when and if they turn out to be true, you find yourself utterly unprepared.
As to dead wood, as a cofounder and director this is his call too. Leaving the business may well be best for the business, and therefore best for him - so long as equity etc. is retained, although that's a dangerous position if you do not have or have only minority voting rights.
I am a 30 in a 30/30/40 company. I am terminally paranoid I'm due for the squeeze, so I plan for it and work against its possibility, as in my experience even your closest and best will apologetically drive in the knife, if the price is right. Pays to wear armour, in the format of contract law.
> So how about a third option: They are just trying to cut out dead weight from the company.
"They?" -> is the non-founder _employee_, with much less stake in company's future than the said founder.
"Dead weight?" -> is the founder who put his life savings in the venture, and is obviously desirable till the next round of funding.
A more reasonable "don't-conflict-ignorance-with-malice" would be that CTO has technical acumen but not business, and is judging the OP harshly on the technical merit.
Well aren't you mister negative here. If this guy was just an employee the tone of this thread would be very different. Every CTO knows there's coders that can just drag down the efficiency of the team. Every programmer knows in his bones that some programmers are poisonous to your codebase, even if they get shit done.
So how about a third option: They are just trying to cut out dead weight from the company.
So yes, get an attorney, yes, make sure you get what you deserve. But don't assume your friend (your cofounder is your friend right?) is backstabbing you before you are absolutely certain, no use in getting bitter before the hurt is done. A startup is a business, and businesses need to run efficient to succeed.
Asking you to leave, and asking it to be in three to six months, that's quite different than doing it suddenly when your grandmother dies. To me it sounds like they're doing it as classy as they can.
I'd say, if you really want to keep working with them, step up your game, make sure you're the programmer they need.
In any case, lawyer up, you have risked a lot going into a startup, so you most definitely have rights to that slice of the money pie when it comes.