This sounds just like my last start-up. It went to hell. We had a perfectly great (SaaS) product and a great team (5 employees - 1 founder, 1 programmer & mysel

This sounds just like my last start-up. It went to hell. We had a perfectly great (SaaS) product and a great team (5 employees - 1 founder, 1 programmer & myself, 1 salesperson/marketing, 1 human resources/finance.). Things were great until after the second round of funding: The board basically took over: - They forced us to increase to about 20 employees (within a few months). - We hired former "big time" CEO/Presidents/Vice Presidents as our EVP's to help us grow fast. - We were basically working 12 - 16 hours a day. I slept many times at work during data migration (which took for ever) - We were taking more customers than we could handle which resulted in lawsuits because we could not deliver on time (even after postponement). Finally (after 2 years) the board fired the founder, brought in a new CEO from "big time" company. Needless to say employee moral died and I and the original employees were forced to resign (I was personally already on my way out). Two months later at the collapse of the financial system, unable to get more funding, they filled for chapter 11 . Everybody got fired and also lost their shares, health insurance etc. I now run my personal consulting firm and I am loving it. I actually get to see my son everyday.