2025-01-05 05:28:00
news.ycombinator.com
CTO / cofounder exit deal after 1.5y at 600k revenue without SHA | ||
21 points by biphasic 2 hours ago | hide | past | favorite | 26 comments |
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I co-founded a deeptech company in France 1.5 years ago with another founder. We both invested €30k initially. My co-founder, who has a business background and is CEO, owns 51% of the shares and has 2/3 of the voting rights, while I own 49% of the shares and hold 1/3 of the voting rights. I have a PhD in AI and serve as the CTO. We pay ourselves modest wages and currently employ three full-time staff, all of whom I recruited and manage. |
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