4 ms·
tl;dr?
by zephjc 16y ago
tl;dr?
- altrus 16y agoThey set up shop in China. As sales drop, a girl comes along. Founder likes girl, co-founder likes girl, drama ensues, co-founder quits.
- askar_yu 16y agoperfect summary.
- jerf 16y agoHaving read the whole thing, I... honestly don't know. Is this fiction, or a true story told in a fictionalized style? What computer business are they in that they go from profitable to unprofitable in three or four days and this is a call to fire the entire company in two days? World's shortest runway or what?
- mmelin 16y agoIf I'm not mistaken the business was iPhone apps. Honestly it sounds to me like sales dropping below B/E was just a good excuse to break up the startup, clearly the breakdown of the founders' relationship would have forced a change sooner or later. It seems both founders wanted out and if that's the case then why waste time when you're cash flow negative, better to cut your losses early so you still get something of value out of the startup. Of course I could be completely mistaken and I think we'd all appreciate a comment by Max to clarify, if he's up for it.
- steveklabnik 16y agoApparently you are not familiar with maxklein.
- jerf 16y agoI really am not. Could you give me at least a hint in what sense you meant that?
- steveklabnik 16y agoThat's exactly how he writes. "Is this fiction, or fact? Or stylized, fictional-sounding fact?"