Quick background on my situation — any input appreciated.
co-founder leaving before cliff. I've been dealing with this for about 12 months now and the situation isn't improving.
I have already done some research online but the other party is not cooperating.
Am I overthinking this or is this a real legal issue worth pursuing?
NAL, but from what I've read, you should check your state's specific laws. Of course the details matter a lot here.
I've dealt with this before.
The #1 mistake I see here is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.
I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.
Following - going through similar formation decisions.
Consider future fundraising needs when choosing your entity type.
Following this thread - very interested in the outcome.