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on Oct 2, 2009
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Fundable comes to an ugly end
I think you have two ways of dealing with it:
51/49 split, or have 3 partners.
Both methods ensure you never end up with a stalemate.
jws
on Oct 2, 2009
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You can always fall back on a shotgun clause for a cleaner ultimate solution.
http://en.wikipedia.org/wiki/Shotgun_clause
shykes
on Oct 2, 2009
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With 3 partners, the typical nightmare scenario is that one partner is marginalized or kicked out by the 2 others. I've seen that happen and it's ugly.
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51/49 split, or have 3 partners.
Both methods ensure you never end up with a stalemate.