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Without knowing more details, I would tend to lean towards suggesting that you raise some angel money, oir shelve it while you work a full-time and stack some c
by brk 16y ago
Without knowing more details, I would tend to lean towards suggesting that you raise some angel money, oir shelve it while you work a full-time and stack some cash in the bank.
What you are describing sounds like the beginnings of a death-by-a-thousand-cuts timeline.
When you say "running", are you actually running a business (ie: managing customers, cash-flow, growing the product, expanding the business) or are you still in the phase of building something and trying to attract a cashflow?
- tilb 16y agoThanks for your comment. We do have some paying customers, but I guess we are more in the phase of building/improving and attracting customers.
- brk 16y agoIf you have something that looks like it could be a viable business, you should probably (IMHO) look at Angel funding. The cash accelerant is probably more valuable in the long-run than the loss of equity on your part. This is assuming (a lot) from the information you provided, which I seem to interpret as you're basically looking for some bridge money because you believe your company is viable, but just needs more runway.