'... If the company did well I believe this person would join. But i would not expect him to leave his job in uncertainty. ...'
If this is the case I'd repay money and take the person on as an early employee but not a co-founder. This is okay. You know the person. But the fact is they did not think the idea, concept or work compelling enough to quit. Also don't be fooled into thinking early investment is some sort of ownership.
'... I think the ejector button would be too strong ...'
If this is the case I'd repay money and take the person on as an early employee but not a co-founder. This is okay. You know the person. But the fact is they did not think the idea, concept or work compelling enough to quit. Also don't be fooled into thinking early investment is some sort of ownership.
'... I think the ejector button would be too strong ...'
That was meant to be a joke