4 ms·
I am in an interesting situation right now in which I and my co-founders agreed to certain financial terms. The main one being that they would send a small chec
by kls 15y ago
I am in an interesting situation right now in which I and my co-founders agreed to certain financial terms. The main one being that they would send a small check every week. There was some doubt about the progress (a lot of features where added after the fact) but non the less they where uncomfortable. So I allowed them to modify the payment terms to give them time to feel comfortable. There is always a way to remove doubt even if you have to give a little when you would be justified in putting it back on them, in my case i could have put it back on them and said, you guys almost doubled the scope but the reality is many of those features are needed to make a great product, which is a common goal i share with them given that i am not in a pinch i can wait on the funds but by doing so and giving a little even when i was justified in not doing so, i was able to remove some of that doubt, because i know more than anything, doubt unaddressed is a start-up killer.