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Urgent help needed - how to get rid of inexperienced business partner in Edtech startup
The next time I want advice from a Eurotrash piece of garbage struggling to hit 7 figures in revenue, I'll be sure to call you. there's a reason I'm on Forbes lists and you're struggling.- fashionistagirl
- Post #17
- Forum: General Business Discussions
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Urgent help needed - how to get rid of inexperienced business partner in Edtech startup
Actually, the valuation is from a private equity company and this subsidiary was meant to be a pump and dump post-MVP. Do you know what IP is? Probably not, seeing as you're nowhere near as smart and experienced as the other guys on this forum. Please take your misogynistic negativity elsewhere...- fashionistagirl
- Post #12
- Forum: General Business Discussions
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Urgent help needed - how to get rid of inexperienced business partner in Edtech startup
Thank you. I agree and I appreciate your guidance and advice. I'm going to try my best to buy him out.- fashionistagirl
- Post #10
- Forum: General Business Discussions
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Urgent help needed - how to get rid of inexperienced business partner in Edtech startup
1) Yes. It's in the contract. I fired him last night. I told him I'm willing to negotiate. 2-3) I can't do this in good faith. My conscience would eat me alive. I know this is what people do, but I can't. So many founders get sued. My friend got sued. I'm NEVER making an emotional hiring...- fashionistagirl
- Post #9
- Forum: General Business Discussions
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Urgent help needed - how to get rid of inexperienced business partner in Edtech startup
My holding company has $189 Million in assets--this is a subsidiary company. I think giving him something is the right thing to do since he sacrificed time he can't get back. Leaving him stranded is against my religious beliefs. We're both in our 20s and it's the right thing to do.- fashionistagirl
- Post #8
- Forum: General Business Discussions
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Urgent help needed - how to get rid of inexperienced business partner in Edtech startup
The IP is valued at $80 Million. Maybe don't be a tool? Kthanksbye- fashionistagirl
- Post #7
- Forum: General Business Discussions
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Urgent help needed - how to get rid of inexperienced business partner in Edtech startup
Hi everyone. I don't know where to go so I'm posting here. I have an edtech company that is highly valued. It's worth a lot. I could get a lot in an M&A deal. The problem is that I hired a friend who is a horrible manager. I'm not a good manager either but I hired him as CEO to run the...- fashionistagirl
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- Replies: 22
- Forum: General Business Discussions
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Estonia as holding company
Please correct me if I'm mistaken but doesn't Estonia have 10% tax? Isn't it only tax free if you're ordinarily resident in Estonia? Estonia and the EU in general scare me a lot--there's something so unstable about putting your life in the hands of a poorly managed country with prohibitively...- fashionistagirl
- Post #21
- Forum: Offshore Bank & EMI Accounts
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Delaware or Wyoming llc vs UK ltd
I'm set up in Wyoming for the manufacturing division of my company. I really, really don't recommend opening up anything in the US, let alone Wyoming. The reason is because there are HARDLY ANY lawyers in Wyoming who do corporate law, it's IMPOSSIBLE to get ahold of them, and if you ever get...- fashionistagirl
- Post #20
- Forum: Offshore Company
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Wyoming, Delaware or New Mexico, please tell me what's your choice?
Wyoming LLC to start out and then switch to a Delaware Inc when you're ready. Though if I knew then what I know now I never would've opened in the US to begin with. The taxes are INSANE. Thank God I found out about the BVI otherwise I don't know where I'd be. See if you can achieve your goals...- fashionistagirl
- Post #47
- Forum: Offshore Company