3 ms·
In one of the many what if discussions that we've, trying to nail down how we'll respond to situations in the future in the case of them getting bad (I think a
by wheels 18y ago
In one of the many what if discussions that we've, trying to nail down how we'll respond to situations in the future in the case of them getting bad (I think a good idea for any set of startup founders) we both agreed: we're the first ones that stop getting paid. If its our salaries missing a month or someone we've hired, we're the ones that have to bite the bullet.
I think if you want to play with high-stakes, as is true in the startup game, you have to be willing to lose with dignity. Holding onto your shares, screwing your employees and still paying yourself just makes you a jackass.