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> Would you disqualify companies that had bootstrapped successfully, were profitable, and did not take any outside money? Yes. Absolutely. If you're going to p
by askafriend 6y ago
> Would you disqualify companies that had bootstrapped successfully, were profitable, and did not take any outside money?
Yes. Absolutely. If you're going to pay me in equity, I am an investor. If you can't paint a picture of goals, timelines and a sense of what an exit looks like - I'm not joining you.
If you're paying my comp in cash, then you can do whatever you want. But know that the cash comp will have to be very high to convince me - probably too high for a bootstrapped startup.