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A comment on CTO / cofounder exit deal after 1.5y at 600k revenue without SHA. Parent comment

Re:CTO / cofounder exit deal after 1.5y at 600k revenue with... by tnolet on Sunday January 05, 2025 @06:59AM (#42601219)
They are not "making" €600k / year. The had some one-off grants. This is not ARR.

The €1.3M grant has not landed and you can't use that. Even if that lands, it's still not ARR.

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Re:CTO / cofounder exit deal after 1.5y at 600k revenue with... by biphasic on Sunday January 05, 2025 @08:12AM (#42601510)
that is correct. The company needs to build a product more or less from scratch at this point
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Re:CTO / cofounder exit deal after 1.5y at 600k revenue with... by skeeter2020 on Sunday January 05, 2025 @08:28AM (#42601608)
this. The value of a company in this scenario is ARR, discounted sales pipeline, IP, and goodwill. It's likely to be very low for a departing founder, because it's almost all goodwill at this stage which for tech startups is essentially "the perceived ability of the founders to build something that eats the world", which by definition is a going concern he won't be part of.
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