What Do You Do When Your Co-Founder Stops Working?

Imagine this scenario. Your co-founder of five years, who owns the same 40% of the company you do, decides he is unhappy with his role, and he stops working, daring you to fire him.

Firing him is the easy decision. The tougher decisions are should you buy him out and what should you do with his board seat? I'll explain how "Steve", the CEO decided to make his decision in this video.

 

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