SAFE Note Question — option pool shuffle diluting founders

Has anyone dealt with something like this? I'm not sure what my options are.

option pool shuffle diluting founders. I've been dealing with this for about 3 weeks now and the situation isn't improving.

I have already tried to resolve this directly but the other party is not cooperating.

Should I hire a lawyer for this or try to handle it myself?

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

I practice in this area. Here's my take on the legal issues.

The key question is whether the applicable statute of limitations has run. Depending on your jurisdiction, you typically have the relevant statute years for this type of claim.

I'd recommend documenting everything in writing from this point forward. Keep copies of all communications.

I've dealt with this before.

The biggest mistake people make in this situation is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

Been there. Here's what I learned.

What worked for me was having everything documented. It took 3-6 months but was worth it.

NAL, but from what I've read, you should send a written demand. That said, definitely get a lawyer to look at the specifics.

Not a lawyer, but I have direct experience with this.

The biggest mistake people make in this situation is filing with the appropriate government agency. I'd recommend gathering evidence first instead.

I've seen this play out several times in my field.

What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.