ashreef

1. Don't get angry, and never do something stupid

2. Send them email clarifying all your rights/claims and list all what they need to do to compensate you (money? ask higher than what you want)

3. if they start negotiating the numbers, start negotiating till you reach a good deal that satisfy you. (negotiate slowly, no equations, and always get advice from friends who have good negotiation skills)

4. if friendly negotiations fail, ask your lawyer to take legal action.

A best practice is to have a lawyer from day one. it's a lot of money but worth it. (always ask your lawyer before saying/doing something. your lawyer's job is to prevent you from doing something stupid).

Also, don't let that stop you from moving forward with your life. you built something once, and you will do better with your next startup.

[Been there, done that]

if you can, check this too http://bit.ly/1b6jWaJ

As you said, I think DCF would be the right thing to do. we already did the valuation for this round of investment using DCF. so in future calculations of valuation, it would make sense to use DCF again.

The current draft of the Shareholders Agreement currently says that EBITDA should get used if there're revenues, but if there are no revenues, DCF should get used.

I think we will just amend that by removing EBITDA, and forcing the use of DCF in all cases.

yes, I missed a lot of money for not continuing to play football after high school.

yeah, you're right. I used to think that a psychiatrist do the same thing as a psychologist.

I did update the article again to correct this. thanks for making me notice that.

About dealing with a psychologist that get paid by your employer. I think it should be stated clearly by the company that this person is here to support all of us, and s/he doesn't report anything to the senior managers about what s/he knows about anyone here. the job of the psychologist is to help solve problems by listening, giving advice and keeping secrets.