[notananthem]

Beat them to upping the burn rate by.. a lot, until neither of you own anything.

Everyone needs financial controls and financial accountability. No one should be able to spend without cosigners. If you set that up early, it will be in your company's blood. If you don't, you will ALWAYS have a culture of wastage.

[m00x]

It's actually very common to have a spending limit without having to ask other directors. This company should have it as well.