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Need some advice.. (alien.top)

submitted 1 year ago by testing04321@alien.top to c/entrepreneur@indiehackers.space

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I own a growing software based service company (top 3% of fastest growing companies in US). I'm one of the original co-founders and own a majority of the organization. However, I don't have a passion for the work that I'm doing nor do I care for my board of investors for various reasons. I have a couple of questions:

What are my options to liquidate my shares? Are there ways to do that without giving up equity? What are you experience with raisings series A rounds of capital? Have you 'toughed it out' until an exit to keep peace with the board?

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[–] Ok-Suit1420@alien.top 1 points 1 year ago (1 children)

What role(s) do you currently serve in the organization?

If you own a majority of the organization, why not just bring in someone board approved that can fill the role you are in right now? You retain everything from shares to equity.

[–] marcelDanz@alien.top 1 points 1 year ago

I would second this idea. Why not extract yourself from the operating business and turn into a shareholder only? Or would you like to not have anything to do anymore with this company? In that case, you can search for company evaluation and sell your shares to someone else.