4 ms·
Your CEO is asking for more than half the total amount of your seed funding in the first year. Now, I haven't been a CEO, but just from common sense that seems
by Spoom 14y ago
Your CEO is asking for more than half the total amount of your seed funding in the first year. Now, I haven't been a CEO, but just from common sense that seems like way too much, way too soon. Does he really add that much value to the company that you're willing to potentially cut your runway in half?
- noinput 14y agoI have not either, but agree with you, we don't think (at this stage) really anyone is worth taking that much of our bank account when it could (and probably would) not give us enough resources to finish our sellable product.