[spidaman]

I'm surprised at all of the responses calling for the CTO to be fired. It's very common to have founders who are very good at the very early stage but lack the experience to scale the technology, the team, the culture and the business.

Ask yourself these questions: * Are the CEO cofound and CTO in cahoots, engaged in a malicious equity grab? If so, you chose partners poorly, move on post-funding. If not, then there's probably something important to listen to here. Then ask: * Are your technical and project execution chops going to take the company to the next level of technical, organizational and business scale? If so, you chose a CTO poorly and your CEO co-founder is a fool, move on post-posting. If not, then you have another choice: * Are there other ways you can help the technology, organization and business grow? If so, discuss that transition instead of an exit. Otherwise, be grateful for the lessons learned and move on post-funding.

In all of the "move on" cases, assess that your equity position is aligned with your contribution to where the company will be when it's ultimately profitable or liquid. If it's still very early stage, that proportion may be very small but it will be better to have a small bit of something successful that a large portion of a failed company.

Set aside ego, consult an attorney (as advised elsewhere), don't engage in scorched earth and figure out if these are people you want to continue working with, you can contribute getting the company to the next level and if so, in what role.