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Usually you can quit when the funding runs out. Founders sometimes voluntarily keep a startup alive past the end of the proverbial runway, e.g. by taking on co
by pg 14y ago
Usually you can quit when the funding runs out. Founders sometimes voluntarily keep a startup alive past the end of the proverbial runway, e.g. by taking on consulting projects, but no investor is entitled to demand that.
- throwaway717 14y agoThanks! I know YC doesn't care how you spend the money granted, but I imagine that angel/seed funding of larger amounts probably comes with expectations (either implied or explicit) regarding the founders' salary which would inversely correlate with remaining runway. I'll have to read up more on salary expectations for seed/angel funded startups.