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by tiredandseeking
3300 days ago
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We have been amazingly blessed to get as far as we have so I think I'm hesitant because there is a chance that we can make this work despite my burn out and personal desire for stability. The reasons for accepting would be personal and although we would be able to return most of our investments, this is not what we set out to do. My main fear is limping out of this a few years from now. With the money we have raised, we do have runway for a small team for a few years. But given the technical maturity of our product, we should really be in growth mode with the intention to raise a series A in 18 months to 2 years. Our current projections make this story seem a bit far fetched so we have to make a decision of whether to keep fighting along with the same product or to try something entirely different. You hear the brilliant stories of Instacart and Mattermark and Slack where a later stage pivot turned out to be the greatest decisions of a lifetime but you don't hear about the stories that don't work out. I was 100% willing to spend a year working my ass off while learning a ton and meeting awesome people, but now we are talking about 3-4 years going towards an uncertain future. |
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The other thing you can try to do is arrange a "third option." Can you get a break, even a short one, so you can get some rest and make this decision under less psychological pressure?
My dad was diagnosed with a clot in his leg when I was 17 and was told they wanted to amputate. He said "Can't we try something else first?" He was told they could, but odds were poor it would work. He wanted to try it anyway. He got to keep his leg.
If there is some way to say "no" to all the worst case scenarios -- to get some breathing room and try to make a saner decision -- that is the way to go.
I hope that makes some sense. It may not be very well explained.