5 ms·
What Should I Do?
I am the founder/CEO of a startup. We raised some VC money (<1M) and we are ramen profitable. But the company is not growing as fast because of the niche market. We are working on to grow it into a large market but it will take a long time and it is a less exciting industry overall. In the meantime, I am thinking about a new idea for a huge market which is more exciting and promising. What should I do?
- enz 7y agoHow long have you been working on this project?
- magicdragon 7y ago4 years. The company almost died years ago but now profitable with a small team.
- duxup 7y agoWhat do the VC folks feel about the current state of the startup, do they want to wait it out? If you jump ship I gotta think anyone lining up with money for the next startup might wonder how long you stick around... maybe others too?
- newman8r 7y agoMaybe you could gradually try to find another CEO who has the energy to take the company to the next level. What's the new market/area you're looking to get into? (I'm always curious to see what's getting people excited.) Maybe you can start some really small scale validation on your new idea (in your spare time) to see if it's as viable as you believe.
- jobask 7y agogo to travel around the world