Anyone here gone through angel investor wants board seat?

I publish illustrative scenarios prepared by my practice. All participants and conversations are fictional. The fictional posts are not posts by real users, accounts of client experiences, or reports of actual results.

Illustrative scenario prepared by my practice.

For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.

Hypothetical question

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?

Illustrative response

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

Illustrative response

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.

Anyone here gone through angel investor wants board seat?

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