Re:Putting your life on the line for a 50% chance to fail
by roder on Thursday October 08, 2009 @02:04AM
(#868439)
This says it all to me:
I’ve put $50,000 into SetJam so far, and I’ll probably have to put in $50,000 more before I can hope to take in some outside money. I’ve had to spend the last 4 years saving while I built an amazing company for someone else just to have a chance to take this shot on my own again. I’ve got a wife and a baby girl and our life savings is riding on a company that, even if I execute perfectly, has a less than 50% chance of succeeding. Launching this product meant a lot.
I’ve put $50,000 into SetJam so far, and I’ll probably have to put in $50,000 more before I can hope to take in some outside money. I’ve had to spend the last 4 years saving while I built an amazing company for someone else just to have a chance to take this shot on my own again. I’ve got a wife and a baby girl and our life savings is riding on a company that, even if I execute perfectly, has a less than 50% chance of succeeding. Launching this product meant a lot.