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Hmm, over two years you're putting in an additional $172k plus all of the time and effort cofounding a startup entails, plus the opportunity cost of doing a sta
by phpnode 5y ago
Hmm, over two years you're putting in an additional $172k plus all of the time and effort cofounding a startup entails, plus the opportunity cost of doing a startup vs collecting regular tech company wages working a 9-5. Is your investment properly acknowledged in terms of equity?
You're also sending a signal to your investors that your time is not worth much, and a signal to your employees that they can also expect scant wages and personal sacrifices.
It sounds like a bad deal, one I personally would not agree to, let alone writing about it publicly.
It is quite likely that after let's say 6 months of gruelling work you will start to burn out, start to feel undervalued, become difficult to work with and end up getting fired as a result. If things are this tight you should probably raise more money instead.