Angel investors can certainly do that. Maybe Putt didn't have a lawyer read the fine print. I worked for a company that ousted the entire executive team because the angel investor they brought in to help them with financial troubles pulled a fast one on them. They didn't quite get the gist of the performance clause and after 6 months they were all evaluated, found lacking and kicked out. This could have happened to Putt too but he might actually be going insane too.
Angel investors can certainly do that. Maybe Putt didn't have a lawyer read the fine print. I worked for a company that ousted the entire executive team because the angel investor they brought in to help them with financial troubles pulled a fast one on them. They didn't quite get the gist of the performance clause and after 6 months they were all evaluated, found lacking and kicked out. This could have happened to Putt too but he might actually be going insane too.
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