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siegel | 2 years ago
But other than the desire to a have a co-founder in theory or to secure investment, why on earth would you continue with this co-founder? If they aren't contributing anything, why do you want to work with this person?
And 50-50 is absurd. 50-50 is, of course, always a recipe for deadlock. I've dealt with countless 50-50 co-founder situations where there was a breakdown due to deadlock. And those are almost always situations where the co-founders were enthusiastic working together at the start. (I'm a lawyer by the way - so I see worse case scenarios all the time.)
Here your prospective co-founder isn't contributing. You need to move on.
Happy to discuss my experiences with this and how you can extricate yourself as best as possible.
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