Ask HN: Should I quit my startup journey for now?

Re:Ask HN: Should I quit my startup journey for now? by tlb on Tuesday September 20, 2022 @05:25PM (#32918011)

That sounds pretty grim. 3 months is a looong time to raise the first money. And the CEO should have started fundraising 3-6 months before running out of money.

It's reasonable for people with founder stock to decide to not pay themselves when money is tight, but not reasonable to stop paying employees (= without founder stock).

If you think the company has a future, insist on founder stock now. Otherwise, there are lots of other promising startups with adequate funding.

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Re:Ask HN: Should I quit my startup journey for now? by lkuebler on Tuesday September 20, 2022 @06:59PM (#32918912)

The reasons for not getting founder stock (at least it was for them) are:

I don't have any titles or smth. similar.

It takes 15 days to sign the contracts which is somehow to long for them

This is just f** up. I should have left a long time before. But - you always learn it the hard way.

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