noinput

32 ms·

301.
by noinput 14y ago
Thanks for the tip. One thing we plan on doing with the round is getting all our legal in order, this is obviously something I'm not trying to abuse.
302.
by noinput 14y ago
We do not, which is also why this is a concern. However we're not undervaluing the growth that could be a reality if this firm does invest in our success. We don't need much yet we'd happy take it and bank it to ensure we're working with
303.
by noinput 14y ago
We feel the same. Our advisor (who is a very big player and believes in us, as well knows the potential CEO personally) is not opposed to it, but honestly agrees it's higher than he'd like. Ultimately it's up to the investors, you are rig
304.
by noinput 14y ago
Appreciate the simple point you made, we agree we're trying to think through it with long-term in mind while not killing our goals for the short.
305.
by noinput 14y ago
I saw that article as well when doing some homework on this. Thanks for the reaffirmation.
306.
by noinput 14y ago
I started vague as to not sound for/opposed to the question, so happy to reply here. Originally we agreed on 1/3 splits as we all brought a key piece to the company. I was heading up dev, my other partner originally had the idea and provid
307.
by noinput 14y ago
Thanks mswen, I value everything you just said more than you know. Very much appreciative of your response and insights.
308.
by noinput 14y ago
re: specifics, of course and thanks for understanding my position to not yet be able to announce/disclose it (seriously, it is close). The POC was for that purpose, a night/weekend project for me over the past year until I realized it had
309.
by noinput 14y ago
Thanks yoseph. We (myself and other co-founder) agree that the goal shouldn't be taking money unless necessary. We envision him 1. leading the co as a Fulltime figure, 2. being available to take all meetings/travel if necessary where the
310.
by noinput 14y ago
Los Angeles. Almost equally as expensive, but we still feel it's too much.
311.
by noinput 14y ago
Agree completely. Thanks Brajeshwar
312.
by noinput 14y ago
If we setup a an American Corp in the form our advisor recommended, we do need a CEO on paper, but of course that's just on paper. I do have a unique agreement with my current employer where it's in my contract that they're fine with me wor
313.
by noinput 14y ago
Fantastic POV. Thank you
314.
by noinput 14y ago
I 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.
315.
by noinput 14y ago
Interesting point. Personally I think the challenge would open my eyes to a different way of doing things, however my other co-founder could easily lead us until needed as well. What I don't want is to be distracted more than needed to acco
316.
by noinput 14y ago
Good episode. Correct on your math, my original co-founder who helped with the idea is only taking enough to focus full time. I don't need anything while I can manage, again to bank as much as possible. We're keeping costs to an absolute lo
317.
by noinput 14y ago
Appreciate it, thanks jgilliam
318.
by noinput 14y ago
That's the issue, he does not. He would start on this fulltime, but we fear he doesn't understand that Hustling with Angel $ to get to MVP != Hustling to close a Series B with positive cashflow. Case in point why we're unsure of intent.
319.
by noinput 14y ago
we might be hiring.
320.
by noinput 14y ago
re: lottery, ha, I need to use that! He brings quite a few key contacts, however of course they're just as risky for not pulling through as the next. We feel that where we are today, we're not ready for hard sales anyhow. Currently we hav
321.
by noinput 14y ago
re: why working. I'm an engineer for a company which I truly love working for. Until there's money in the bank of my own business which should not go to dev dollars, legal, etc., I have no problem working hard to keep it in there. That's
322.
by noinput 14y ago
re: deferred, great idea as an option. Thank you.
323.
by noinput 14y ago
OP here, thanks for all your thoughts. Will be replying to threads as I see them come in.
324.
Ask HN: Startup CEO Salary
24 points by noinput 14y ago|63 comments
325.
Paypal.com is not available(paypal.com)
2 points by noinput 14y ago|1 comments
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BandPage Announces BandPage Everywhere(blog.bandpage.com)
2 points by noinput 14y ago|0 comments
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OpenDNS Enterprise Insights(opendns.com)
2 points by noinput 14y ago|0 comments
328.
Coke's Guido Rosales Wants to 'Democratize' Content(adweek.com)
1 points by noinput 14y ago|0 comments
329.
FullContact Raises $7 Million(fullcontact.com)
4 points by noinput 14y ago|0 comments
330.
by noinput 14y ago
And I hope your rate is doubled, at least.

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