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by tlb
1373 days ago
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That sounds pretty grim. 3 months is a looong time to raise the first money. And the CEO should have started fundraising 3-6 months before running out of money. It's reasonable for people with founder stock to decide to not pay themselves when money is tight, but not reasonable to stop paying employees (= without founder stock). If you think the company has a future, insist on founder stock now. Otherwise, there are lots of other promising startups with adequate funding. |
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I don't have any titles or smth. similar.
It takes 15 days to sign the contracts which is somehow to long for them
This is just f** up. I should have left a long time before. But - you always learn it the hard way.