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by CedarMills
1572 days ago
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I made the mistake of paying myself too much after fundraising round and then too little in order to extend runway. Nothing is more stressful when you have less than three months of runway left and you have absolutely no saving and have a family and mortgage. For my next startup, I will try to bootstrap as much as I can first, and then pay myself a livable salary so that I'm not distracted by looking for others sources of income / radically downgrading my lifestyle. |
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