Question
My investor wanted to partner up instead of just investing, he hasn't met any of obligations as a partner and now I'm stuck with just 50% of my company. We didn't write up a contract so I only have a verbal (email) agreement. He wanted me to pay back the investment money if the startup didn't work.
What should I do? I can't pay back the investment (although I'd love to).
Answer
A. What country are you in
B. did you verbally agree to pay him back
C. Is company generating income? Profitable?
