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by rickboyce 1041 days ago
I think this is sound advice. What I’d add builds on this point:

> he does not see the situation as you do

At the moment you may be lacking the perspective of the founder, perhaps the coaching and input they’ve had from investors and other advisors on the direction of the business. I would go into a conversation with the founder but seek to gain a true understanding of their perspective as much as to emphasise your own point.

> we unanimously felt that the product works, and the team is amazing

It takes more than a working product and an amazing team to make a startup succeed. The product might be amazing but do the unit economics work? Is there a market fit? Does the market fit scale? Is there something that needs to be hit to secure the next round of funding? Maybe you have this info and omitted it for brevity in your post… but if you approach your investors for a dialogue without a complete understanding of this side of the equation I’d say your in for a rough time.