42 ms·
definitely true. which is why i said 1 to 3 years, and i never said anything about stopping charging that rate after you recoup the costs. there's quite a dif
by noodle 17y ago
definitely true. which is why i said 1 to 3 years, and i never said anything about stopping charging that rate after you recoup the costs.
there's quite a difference in the rate if you're aiming to recoup the cost in 1 year as opposed to 3.
on the one hand, you want to get paid. on the other, if you're going to be getting paid by a % cut, you don't want your % to be so high that it drives a new, possibly fragile startup into the ground. if you ask too much too fast and they die, you'll never get the full total, instead of getting the full total and possibly more if you were comfortable with a slower rate.
- icey 17y agoThat makes a ton of sense; thanks for following up. (It seems like pretty good advice, as well.)