- Job title
- Graphic Designer
- Sector
- Cleaning services
- Organization type
- chain store
- Joined
- Jul 2023
- Message
- 95
We were friends at uni and started the company together, working side by side for the first year. We split shares 50-50. The first year went great, but at the start of the second year, my partner said, "We're too small, we need to scale up." I said, "Let's grow slowly." But he preferred the "hire everyone, take on debt, grow fast" approach.
Things got tense between us. He started making unilateral decisions without consulting me, and I felt like I was being sidelined. Six months later, he said, "We're changing the equity split, I'll take 70%, you get 30%." Even if he wasn't right, he had the nerve. Obviously, I didn't accept it.
Eventually, a lawyer got involved, and we looked into the exit clause in the partnership agreement. Behind the scenes, there were two lawsuits filed against each other, but we finally reached a deal: I left the company, sold my shares at a fixed price, and started a new venture. Now he's scaled and institutionalized the business, while I'm doing my own thing.