Which founders to dismiss and WHY?
- Created by: Kjaerlighet
- Created on: 13-12-21 20:42
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- Which founders to dismiss and WHY?
- Our new mission does not align with founder's vision
- bad performance and no skill
- any illegal action undertaken which can lead to reputational issues and litigation (SOSR basis)
- redundancy since in acquisition, there may be too many directors so some have to go
- To note: check for non-competition clause in employment contract but there is no guarantee founders have employment contracts so this will depend.
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