need help ending partnership

New / Eng
timcookies

New Eng

timcookies
Nov 25, 2019 13 Comments

after graduating ealier thia year. i made my startup official wanted to go full force. i asked a friend from high school who is a marketing major to join and take care of marketing and user aquisation. since then this dude has done crap. all he does ia comes up with the worse ideas known to human to change what the company is or we should do abc but wont back any of his idea with proper reseach. all he would say is i think people would like it xyz is doing it blah blah.

He keepa trying to bring more people to be co founders. like WTF!

I have since pauses everything and i dont tell him anything that is going on. i am trying to build a platform that i belive in but he doesnt understand and ia fraustrating because i dont know how to push him out of it.

i am thinking about finding a new name for the company and register that instead.

we never signed any agreements for anything. in all honesty he has 0% share in the company.

what should i do.

i talked to my mentor and advisors and they said they wont give me a dime if this guy is still prt of the company

comments

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TOP 13 Comments
  • Snapchat
    ๐Ÿจ koala

    Go to company page Snapchat

    ๐Ÿจ koala
    By reading the title I thought you are looking for a contract killer...
    Nov 25, 2019 0
  • New / Eng
    int main()

    New Eng

    int main()
    Just say it's not working out. You don't owe him anything. Legally he is not entitled to anything.
    Nov 25, 2019 0
  • New / Design
    cockball

    New Design

    cockball
    Yeah just be honest that this is not what you wanna partner with. In business you must always make it clear right from the beginning. Also initially, you must expect to do a lot of things by yourself.
    Nov 25, 2019 0
  • New
    Bjwa82

    New

    Bjwa82
    Tell him itโ€™s not working out, that you want him to bring more data-driven solutions to the table.
    Tell him you want to formalize the agreement and offer him 5% ownership if he can hit certain milestones.
    Nov 25, 2019 0
  • Microsoft
    sunofa๐Ÿ‘

    Go to company page Microsoft

    sunofa๐Ÿ‘
    First if all, check on your autocorrect. It might have just died
    Nov 26, 2019 2