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by Steeeve
3668 days ago
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500K is not a lot of time. It's six months with a small team and maybe not even that considering you need to either have time to pitch another round of funding or get to the point where you can pay the bills independently. If you don't see a path to something strong enough to get you to the next level in that amount of time, there is no choice but to walk away. Every idea to fix it takes time to develop, and with whatever time remains you have to make progress with sales and the existing customer base. With any given product and the right team you can get there, but the only way to get the right team to commit is with a passionate belief that you will get there before you run out of money. If you spend the time trying to build a roadmap out of whatever options you can come up with, and none of those options give confidence given time and budget constraints... well, then you've done all you can do. It's not hard to come up with a list of reasonable options to move forward with, but it is hard to come up with one that's worth committing to. If you've grown to the point where you can man up and make the decision to walk away early, you have a good future. |
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