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Questions

Ask anything. Founders answer honestly, because nobody knows who they are.

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Questions·Mar 17, 20159

Which steps should I do for improving my idea, since I have no technical skills?

I really mean NO technical skills: no web-developer skill, no business skill, no marketing skill. Just a problem solving predisposition, and some human…

Questions·Mar 17, 20153

Raised series B, but don’t know how

The startup I work at raised a big series B+ round in the past 6-9 months, I still don’t understand how we’re valued so high – our users suck and our…

Questions·Mar 14, 20154

When to go back to investors with a new idea?

After a whirlwind round of meeting a lot of interesting investors that did not bite on my startup, I decided it was the latest in a long line of signals…

Questions·Mar 14, 20157

A startup committing fraud and embezzling money

I recently worked for a startup for several months. While there I’ve seen the founders pocketing large sums of money, stealing from the investors, and…

Questions·Mar 13, 20157

What’s the worth of effort?

For the past 2 months, I’m working on something that’s yet to monetize but I plan to spend money on it for at least a year and wait. I have another…

Questions·Mar 12, 201515

How do I create performance based equity for co-founders?

We are bunch of co-founders working together on our idea. We have a MVP, few hundred users and paying customers. We haven’t quit our day jobs yet. Yes we…

Questions·Mar 12, 201517

Is it possible to sue an investor for gender discrimination?

I had a terrible meeting with an investor where he was clearly sexist. I documented it but moved on. Recently, one of the partners from that firm said…

Questions·Mar 11, 20156

Someone offered to be the CTO of my company and expand the business worldwide. Is this a good deal?

I have a 3-year old company that sells an exclusive product online. The company is profitable. We are the manufacturers of this product and we have our…

Questions·Mar 11, 201510

Lost control of company to investors. What should I do?

I’ve lost control of the company I founded 8 years ago to angel investors. They want me to sit quietly in the corner while they run things, but they don’t…

Questions·Mar 9, 201510

How to bridge a 2 month gap before your next check?

I am almost a year into my bootstrapped startup and I am about to run into my first financial hiccup. I have a good deal of money expected in a large…

Questions·Mar 9, 2015

Which are the most frequent points in cooperation agreements between corporate spin-off and the corporate?

I am currently building (with other 2 co-founders) a spin-off with a medium size firm in the Media Marketing field, our startup is the same area too. One…

Questions·Mar 9, 20159

Profit or growth?

My startup has about 30k MRR but 50k in expenses. I can get to break even in less than a year if I slow down hiring and other growth. I think the market…

Questions·Mar 9, 201510

How to control a lead investor/advisor from burning out your team?

Early/seed stage startup with successful round, the biggest problem is our advisor/board member! He’s very hands-on and overall a great critic in…

Questions·Mar 6, 20153

How can I get through to my co-founder?

I am having a serious problem working with my co-founder who also happens to be my brother. Going separate ways is not an option. However, I need to…

Questions·Mar 6, 201510

Started as freemium product … reached 10,000+ users.. When is the best time to add a premium service?

We’re two new graduates, a year ago when we was still students we’ve started a freemium ad-free service (website + multiple apps), within one year we…

Questions·Mar 4, 201511

What is the next big challenge in online payment?

I am currently building a new Payment Service Provider. Besides the usual functialities I want to create something new. I have encountered many startups…

Questions·Mar 2, 20154

What is the craziest thing you’ve done to get new users?

Answers will be different depending on industries, but as a founder, just thinking of best ways to get users that you have done or heard of.

Questions·Feb 28, 20159

What happens if the board fires me while I’m still vesting?

I’m the CEO and founder of a Startup and I’m vesting all my shares. I own majority shares but only have 1 vote on the board. Our terms are 1 year cliff…

Questions·Feb 27, 201512

My startup project got cloned by someone else

What is the best thing to do if you find another site that has same name, similar concept and tagline with only different tld (but same domain name)? I…

Questions·Feb 24, 20155

Started a company under an alias, now I need to switch back. What do I do?

I was moonlighting on the project and built a product to fill a void in my companies offering. I did all the work during the evening hours and on my own…

Questions·Feb 24, 20155

I’m looking to work at an early stage start-up, need advice?

I’d be considered an employee as I’m not funding the company. How should I structure my compensation package to the startup? They can’t afford a full time…

Questions·Feb 23, 20151

How do investors perceive start-ups incorporated in low-cost offshore destinations such as Seychelles, BVI, Cyprus?

Questions·Feb 22, 20154

How do you tell advisors and mentors you no longer need their “support”?

I have a product that I have technical hurdles building and getting to market because of funding woes. So, naturally I decide to go out and focus on…

Questions·Feb 21, 20158

How do we divide equity?

I have the built a software product which needs to be sold to enterprise B2B customers. I have bootstrapped the business myself and I’m incurring all…

Questions·Feb 20, 20155

3-week old startup, should we not charge customers right now?

I have a 3-week old startup I founded with my cousins. Our model is travelers pay $10 to have 30-minute conversations with locals around the world before…

Questions·Feb 18, 201518

Convertible notes with a personal guarantor from the founder?

An investor is requesting that I be listed personally as a guarantor for a covetable note. First time raising capital, is this a common term or should I…

Questions·Feb 18, 20153

When to approach Angel/Seed firms?

I’m finding conflicting information about how early is too early to start conversations or apply to Angels and Seed firms. It seems (recently) that all…

Questions·Feb 18, 201513

How much equity for VP Co-founder with no skin (cash) in the game?

I’ve bootstrapped my startup for almost a year and taken-on every expense as well as responsibility (market plan, advertising, development, market…

Questions·Feb 17, 20153

When do I stop referring to my company as a start up?

We’re way more organized than when we launched (that’s not saying much). We’re finally well funded. We’re only making new mistakes not repeating the old…

Questions·Feb 16, 20159

What would be the best way pay members who worked with me to get company started?

I basically interned at a company on and off for 3 years while in college, then worked in front end sales, commission based for another 2, then went on to…