cofounder1234

3 ms·

1. 1.▲
   by cofounder1234 16y ago

   1. If I quit my job then yea. I'll essentially be injecting cash to cover my own expenses. Plans on spending it are so I have some time to focus on raising seed funding and talking to customers. 2. I believe we've informally proven
2. 2.▲
   by cofounder1234 16y ago

   Yea - sounds like we have to formalize our partnership a bit more (we've only got the LLC set up). Thanks.
3. 3.▲
   by cofounder1234 16y ago

   Great points. A lot of the "work" I've been subconsciously putting off. Guess I can't anymore :).
4. 4.▲
   by cofounder1234 16y ago

   I prefer #1 since #2 somewhat hinges on the startup making enough money to pay me back. I don't think my co-founder will realistically be able to write me a check out of his pocket. We haven't done a cap table or stock valuation...perhaps
5. 5.▲
   by cofounder1234 16y ago

   It's just two of us at the moment and only I am leaving my job (putting in full time). I can ask my co-founder but we've talked about who is willing to or can do what and the ability/willingness to take higher risk resides with me.
6. 6.▲
   Ask HN: Co-founder quitting job and investing $ - should I ask for more equity?

   7 points by cofounder1234 16y ago|11 comments