Ask HN: How do you know when to quit your startup?

Re:Ask HN: How do you know when to quit your startup? by sbntn on Saturday July 05, 2014 @12:54PM (#7992367)

When they stop paying you. Seriously, don't waste your time hoping for the best.

*Worked for two startups that couldn't make payroll. CEOs promised money was around the corner so I kept working. The money never came.

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Re:Ask HN: How do you know when to quit your startup? by ehurrell on Monday July 07, 2014 @06:20AM (#7998051)

There can be a lot of dangerous signs around money, and your mileage may vary on when it's okay or not. Prior to leaving I was OK, if wary, with 'Em so X can't make rent this month, is it OK if we take 500 euro from your salary so he can use it to pay rent? We'll get it back to you.' Of course that really meant 'We are not going to pay you as much any more, good luck getting it back'.

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Re:Ask HN: How do you know when to quit your startup? by Igglyboo on Saturday July 05, 2014 @08:55PM (#7993445)

The questions specifically asks for co-founders, not employees.

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Re:Ask HN: How do you know when to quit your startup? by csbrooks on Saturday July 05, 2014 @12:57PM (#7992376)

Were you a cofounder, though? Sounds like you were an employee.

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Re:Ask HN: How do you know when to quit your startup? by sbntn on Tuesday July 08, 2014 @11:46PM (#8007964)

Funny you say that, these startups actually wanted me to be referred to as a cofounder even though I wasn't. They actually leveraged that title to make me sacrifice salary and work much harder than I should have (i.e. many all-nighters). When I found out funding was running out and I was only being paid enough to cover rent I had to leave.

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Re:Ask HN: How do you know when to quit your startup? by Chronic29 on Saturday July 05, 2014 @01:05PM (#7992401)

Not everyone is the CEO/CTO of a startup.

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Re:Ask HN: How do you know when to quit your startup? by saraid216 on Saturday July 05, 2014 @02:57PM (#7992669)

Question specifies that, though.

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Re:Ask HN: How do you know when to quit your startup? by rahimnathwani on Saturday July 05, 2014 @10:26PM (#7993626)

The question specifies co-founder. It doesn't specify CEO/CTO.

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