Quote:
Originally Posted by Armageddon
Our business took off after 6 months and the founder and I (co-founder) were offered a large sum of money (in the millions) by an investment holding company in the US, so we sold off some shares in the company. I still have a 20% shares in the company, which is quite a lot of passive recurring monthly income, due to the revenue we generate from the business.
I'm trying to look for a job which can match or is higher than my last drawn salary which is why I posted this thread. Anyway let's not derail this thread.
|
Some things don't add up. You have a few millions in the bank yet you are harping over a couple of grand in your monthly salary?? True entrepreneurs are usually onto starting up the next big thing after cashing out, not look at a $8k per month job.
Next, if your startup goes through an acquisition process, won't you as co-founder have a very intimate grasp of the whole M&A process? This would include legal language and concepts.
Giving you the benefit of the doubt and assuming everything you said is true, you may be a tech whizz kid but you really need to brush up on the "business" side of things. Go take an MBA or something.
My best advise to you is to use some of your millions to engage professional legal advise as no anonymous person on the internet knows what you signed. It won't make a dent to your bank account.