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by floppydisk
3766 days ago
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A couple of questions I've found helpful when talking to startups are as follows: 1) What is the funding situation like - specifically, how much capital is available, is any of it tied to contingencies (i.e. hitting a sales number), what are your plans for getting more if it runs out/is there investor interest in giving you more?
2) When do you expect to be cash-flow positive? (incoming cash >= expenses)
3) What's your burn rate? More specifically, given the current rate of cash burn, when is drop dead?
4) When do you anticipate being able to make a decision on whether to bring me on full time if I join you as a contract-to-hire worker?
5) What's the duration of the contract and what are the renewal options if we don't go full time hire? |
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