top | item 33716511

(no title)

talvi | 3 years ago

When I got kicked out by my cofounder, I kept my shares instead of taking the payout. But we still hadn’t made product market fit and if I had taken the money I would have ended up making the most off of the startup.

The two questions to ask yourself are: 1. What’s the chance this startup fails? Most startups fail, even those with big contracts. 2. Is this the last idea you’ll have? If yes fight hard to stay involved. If no, have the lawyer negotiate a sale for more than 140k and use that plus all the lessons learned to do a new idea better.

discuss

order

No comments yet.