3 ms·
IMO the largest costs aren't the dollar costs, in fact those barely matter. The large cost to me as a founder are the weeks/months it takes to negotiate a price
by austenallred 9y ago
IMO the largest costs aren't the dollar costs, in fact those barely matter. The large cost to me as a founder are the weeks/months it takes to negotiate a priced round when there's so little data is borderline exercise in futility and so much work that needs to be done by exactly the person that would need to handle those negotiations. But that's more abstract than putting a solid "$60k" number on something.