Whenever I talk to the founder, he typically says they have "potential investors" and the money should be coming in a few months. I'm not as stupid as I was, and I'm sure that no money is coming in. Who wants to invest in a startup that hasn't been profitable for 5+ years and has back salary obligations to multiple employees?
I can survive without the money, but it's still a pretty good chunk for me so it's worth it to me to put in effort to retrieve it. Problem is, I don't really know how to approach it. I see my options as being: 1. Go to the law; 2. Approach them aggressively; 3. Forget about it.
I've been thinking about filing a wage claim with the state (California), but I would rather settle directly with the company rather than go through the state. I can't really forget about it because it's a decent chunk of change.
There is a little twist, and that is that my experience with the founders and officers was very good up until the point they stopped paying me. They took us out to nice lunches and bought us the first iPhones on launch day (even bought me a new one when I dropped mine). They sent me all-expenses paid to WWDC, Google I/O, OSCON, and SIGGRAPH. I essentially got my career started at that company. It was my first job as a developer, and when my boss left I got promoted to "CTO" and got to hire my own small team. This is one of the main reasons I haven't really "gone after them". I don't really want to screw them over, I just want my money.
Any advice would be welcome. Thanks!