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yeah, problem is that is extremely hard to do it alone My approach for the future: - Don't raise unless you really need to scale. Bootstrap as long as you can
by theHolyTrynity 2y ago
yeah, problem is that is extremely hard to do it alone
My approach for the future:
- Don't raise unless you really need to scale. Bootstrap as long as you can
- Co-founders are ok, but with very clear pacts and shareholders agreement to manage conflicts
- satvikpendem 2y agoDon't forget vesting agreements with a 1 year cliff, exactly for situations like this.
- theHolyTrynity 2y agoYes. First startup and jumped right at it, skipping the fundamentals. I was not the only one though, the investor gave us a lot of money with a very bad shareholder agreement