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This is tough. From an outsider's perspective, it feels as though you've already moved on mentally: "we might be past the point where the damage can be repaired," "no trust on my part," and "there are a lot of things I still want to do startup and entrepreneur-wise."

Arbitration, litigation, and ultimatums all have their place in business, but sometimes the best case scenario is to just get out (dissolve, sell, etc.) Often times, the partner is just as upset as you are, so start by seeing if s/he'll privately buy your half, and if not, see if s/he's interested in shopping the whole company to new owners.

I understand that walking away from or selling a company with 5 employees and $2m in revenue isn't a decision that's a.) easy or b.) happens overnight, but it seems as though you've thought it through and are ready to move on.

One way or another, thanks for sharing, and let us know how it turns out.



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