My tech cofounder drops out. I just receive a 10K investment. What do I do?

[brudgers]

Explain the situation to your investors, offer to return the money, build another company while staying in touch with your investors.

Yes, it kind of sucks. $10k is not enough money to waste goodwill on or potentially voiding your reputation.

Good luck.

[IsraCV]

I'm trying to avoid this. But lets see what happen. Thank you for your comment :)

[genystartup]

Find another co-founder? what is his/her role in the project?

[fsniper]

Of course this is the obvious answer, but, the op already knows that. They are asking because, they have some conundrum that they can't put heir finger on. We need more information.

Why losing a co-founder is a problem? Only they have the technical ability? Only they have the insight to the sector? The fund depends on their name? The fund depends on the partnership? co-founder is irreplaceable in some way? Op has time limits? Op lacks the technical/social abilities to replace partner?

[IsraCV]

Is the developer, I'm the business person. I have just hire someone to finish our MVP.

[dylanhassinger]

http://odesk.com

[IsraCV]

Thank you for the link! ;)

[ryanalam]

cool idea! DMing you ;)

[IsraCV]

Hi! @ryanalam, I read your tweet but you still didn't DMing me.