Private members-only forum

Anyone here gone through angel investor wants board seat?

Started by average_joe_27 · May 23, 2025 · 897 views · 4 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
AJ
average_joe_27 OP

Looking for advice on a legal issue. Here's what happened.

angel investor wants board seat. I've been dealing with this for about 13 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but did not get a clear answer.

Do I have a strong case? What should my next steps be?

AI
adulting_is_hard_12

Been there. Here's what I learned.

I demanded to talk to a manager and suddenly they could help/manager. It took 1-3 months but was worth it.

KM
kyle_m_co_35

Real talk: have you tried reaching out to your state's legal aid society? They sometimes have free resources or mediation services.

SR
samantha_r_27

Following this thread — Subscribing to this thread. In a similar spot.

AF
aiden_fire_26

I've formed companies in both Delaware and Wyoming. For a small business with no outside investors, Wyoming is usually better — no state income tax, no franchise tax, and strong privacy protections.