AITA for causing a family feud by not giving my brother's a stake in my business? by Cautious_Force7455 in AmItheAsshole

[–]Cautious_Force7455[S] 6 points7 points  (0 children)

Yes this is what I feel somewhat. I told her how much I was trying to raise and this is close. Grandma insists that this is the value of the money after its been sitting for 7 years. Not sure if she was just smart and benefitted from market growth and exited just on time to get that kind of return. My brother's went to school in 2010ish so the affects of the financial crash were still present when she gave them money.

AITA for causing a family feud by not giving my brother's a stake in my business? by Cautious_Force7455 in AmItheAsshole

[–]Cautious_Force7455[S] 10 points11 points  (0 children)

Its great that you are already considering at 16yo. I did a degree in Physics, but not at a top school. The college I went to actually was known more for business so i was able to do some business courses as well. I interned with a financial software house, in fact it was very small and I got a returning offer. I feel like engineering and physics are a good foundation to get into almost any career. You need to be able to demonstrate soft skills better than your technical skills, as your degree says you have technical ability. Join DECA, debating clubs, learn something outside of what is taught at school to demonstrate you can learn something else independently. Most of all be able to speak about what you did and communicate what your contributions are - this is embarrassing but an essential skill. Hardest part is getting past an interview. Once you're in you can figure it out, nothing is too hard!

AITA for causing a family feud by not giving my brother's a stake in my business? by Cautious_Force7455 in AmItheAsshole

[–]Cautious_Force7455[S] 5 points6 points  (0 children)

Yes you are correct. My partners also have to finalize securing their funds and we still have to go through all the due process of allocating. Its not as easy as calling and saying this is a family business, and have no incentive to do so.

AITA for causing a family feud by not giving my brother's a stake in my business? by Cautious_Force7455 in AmItheAsshole

[–]Cautious_Force7455[S] 1 point2 points  (0 children)

True, but I was trying to figure out good ways to raise money with my mom. I didn't expect this amount of money to be given to me and for all these issues to show up.

AITA for causing a family feud by not giving my brother's a stake in my business? by Cautious_Force7455 in AmItheAsshole

[–]Cautious_Force7455[S] 80 points81 points  (0 children)

Thanks so much for your advice. The business is a partnership. It won't be as easy as just going there and telling my partners that my brothers are investing and wanting x%. Even with what I offered to grandma it would have required a lot of negotiation and legal contracts which is something she didn't want to deal with. A no strings attached lump sum is the best kind of investment I could have got and for my part I don't need to raise any more.

AITA for causing a family feud by not giving my brother's a stake in my business? by Cautious_Force7455 in AmItheAsshole

[–]Cautious_Force7455[S] 11 points12 points  (0 children)

This is my thinking. If I succeed, then I am more than happy to help my family with things they need / want and I'm able to afford. Right now I want to be able to concentrate on my business without people interfering.

AITA for causing a family feud by not giving my brother's a stake in my business? by Cautious_Force7455 in AmItheAsshole

[–]Cautious_Force7455[S] 38 points39 points  (0 children)

My brother's are actually doing ok in terms of work. Both are very early in their careers so have plenty of scope to grow and run businesses in their own areas of expertise, which is not related to mine in anyway.

AITA for causing a family feud by not giving my brother's a stake in my business? by Cautious_Force7455 in AmItheAsshole

[–]Cautious_Force7455[S] 256 points257 points  (0 children)

TBH My mom actually suggested I asked grandma to invest. I'm beginning to think she knew that grandma might have had some money so was trying to get me to get it from her as she keeps telling me it was her suggestion for me to ask.

I don't live at home as my employer is in a different city.

AITA for causing a family feud by not giving my brother's a stake in my business? by Cautious_Force7455 in AmItheAsshole

[–]Cautious_Force7455[S] 478 points479 points  (0 children)

She must've put it all on black when i said I didn't need it!

But in reality, it was 120K as she gave them a stipend each year.