"Those facts will be interpreted through the lens of relationships."
This is the key point for everyone advising him to go to the board or quit and start anew with the employees. It's unlikely the board meeting will go well unless the other cofounder has done something seriously wrong. Trying to work out goals with him, as suggested, has a better chance of being productive compared to asking him to reduce his equity.
This is the key point for everyone advising him to go to the board or quit and start anew with the employees. It's unlikely the board meeting will go well unless the other cofounder has done something seriously wrong. Trying to work out goals with him, as suggested, has a better chance of being productive compared to asking him to reduce his equity.