I think a more important lesson to learn here is to have the uncomfortable conversations ASAP. The sooner you communicate clearly, the fewer opportunities there are for misunderstandings.
If I had to give founders one piece of advice it would be, "Just Ask"... Ask for the sale, ask what youll get in exchange for equity, ask, ask, ask...
If I had to give founders one piece of advice it would be, "Just Ask"... Ask for the sale, ask what youll get in exchange for equity, ask, ask, ask...