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How often have you told groups to quit, even one year later?
by robg 16y ago
How often have you told groups to quit, even one year later?
- pg 16y agoDozens of times, I would guess, because dozens of startups we've funded have given up, and usually they consult me first.
- robg 16y agoWhich is the first go: Money or motivation?
- pg 16y agoUsually money. A startup can change what it's working on, so as long as there's money left, they can simply restart if an idea seems hopeless. When motivation goes first, it's usually because the founders had a falling out.
- pclark 16y agoWhat is the typical circumstance where you tell the founders to quit?
- pg 16y agoWhen they're out of money and they say they want to.