Re:Ask HN: Solo founder and MVP. New co-founder equity split?
by Blackstone4 on Thursday March 01, 2018 @07:20AM
(#16491398)
Fair point. I think when it comes to sales, he is not very confident so he talks himself down. I suggested a sales book for him to read and we shall see where he comes out on that.
I feel like he is personable and gets on well with people. He's also a hard worker. So I think it could work but I acknowledge it's a risk.
I also think two pedigree guys from XYZ asset management firm launching a SaaS company will find it easier to raise capital from VCs than a solo founder.
Re:Ask HN: Solo founder and MVP. New co-founder equity split?
by mseebach on Thursday March 01, 2018 @08:00AM
(#16491564)
> I also think two pedigree guys from XYZ asset management firm launching a SaaS company will find it easier to raise capital from VCs than a solo founder.
If you can sign and retain customers at ~$15k-$100k/yr with any kind of scale on a product you basically built in your spare time, prepare for your pedigree to come up ~0 times in fundraising conversations.
Re:Ask HN: Solo founder and MVP. New co-founder equity split?
by kennethologist on Thursday March 01, 2018 @07:40AM
(#16491476)
Which book did you recommend? Maybe others can make suggestions as well.
Re:Ask HN: Solo founder and MVP. New co-founder equity split?
by Blackstone4 on Thursday March 01, 2018 @08:07AM
(#16491596)
The book is: New Sales. Simplified.: The Essential Handbook for Prospecting and New Business Development
https://www.amazon.com/New-Sales-Simplified-Prospecting-Deve...
I read it in January and found it really helpful
isnt this a warning sign to you? at such an early stage you simply dont want just a “strategy” person who doesnt want to get his hands dirty