Re:What Happens When a Founder Is Fully Vested?
by skrebbel on Sunday December 09, 2018 @02:13AM
(#18639789)
> It also doesn't take any work and doesn't cost anything.
To be honest, I think that if you're a solo bootstrapped startup founder, pre revenue, pre employees, pre investment, then any second you spend on anything other than getting to product market fit is a waste.
I've seen too many companies from the inside that were very proud about how well they had done, and I quote, "their legal homework", before having gotten to anything even vaguely resembling product market fit. None of them are around now.
And to add a personal anecdote: my cofounder and me began a vesting schedule on our first investment (an accelerator), and that went fine.
To be honest, I think that if you're a solo bootstrapped startup founder, pre revenue, pre employees, pre investment, then any second you spend on anything other than getting to product market fit is a waste.
I've seen too many companies from the inside that were very proud about how well they had done, and I quote, "their legal homework", before having gotten to anything even vaguely resembling product market fit. None of them are around now.
And to add a personal anecdote: my cofounder and me began a vesting schedule on our first investment (an accelerator), and that went fine.