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7y

I'm a founder of a small startup. We had a board meeting on a Friday, and Thursday night I sent a strongly worded email to the chairman and point investor, both of whom are worth well over $100 million, expressing my concern that we were undercapitalized and they were taking advantage of our youth and inexperience in order to make a quick return on their investment. The board meeting the next day was 2 hours of me getting railed.

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  • 0
    I run a startup, everything you're saying is true.

    Equity below 10% is the biggest Kool aid scam. But it keeps our costs of hiring low, which our investors demand 😧
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