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Then, you simply raised too little. I always thought that raising an angel round means "finally to be able to focus 100% on the start up". I'm not sure whether
by freshfey 15y ago
Then, you simply raised too little. I always thought that raising an angel round means "finally to be able to focus 100% on the start up". I'm not sure whether your investor would like it, if you spend your time doing other stuff than making this startup big (I sure wouldn't).
- benohear 15y agoHowever you might not be able to wish more funding into existence. In that situation, the approach "we've got X money and we need Y runway so we're going to adjust our salaries accordingly" seems sensible. As per my other comment, totally agree that part time work is unlikely to be a good solution.