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It's ok for seed stage startups to flail a bit. Even if the tech cofounder left, that can be ok -- if he didn't have the stomach for it, he should go. It's ok
by jiveturkey 4y ago
It's ok for seed stage startups to flail a bit. Even if the tech cofounder left, that can be ok -- if he didn't have the stomach for it, he should go.
It's ok to have only 6 months of runway. Startups are always running out of money!
Did you get a BUNCH of stock options when you got promoted? If not, nothing else matters, leave right away.
If you did get an enormous additional grant, then you are being compensated fairly and you shouldn't base your decision to leave on "6 months of runway left". You've not given any info to assess the quality of this startup, or any useful info on other factors, like general morale, prospects based on the current product direction, strength of team, and so on. The fact you know the runway at all is a decent sign of strength.
It's absolutely fair to leave now! But don't leave for the wrong reasons.
- quantified 4y agoOther responses here are valid, you do you. On the other hand, if it’s plausible that success comes, and you can decide in four months because you don’t need the change, staying is reasonable. I’ve stuck with startups where I felt (correctly) that self-preservation was the best course, and left one where I felt (correctly) that it was hopeless, after series D no less. In all these cases, leave was the correct choice. Another was financially precarious for all of its life, and the path out of it was really good when it finally got bought, for the opportunities it led to. So leave for the right reasons, or stick it out.