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by iblaine 4744 days ago
I had a moment just like this. We would be short $20k on payroll and the founders and myself and to come up with the difference. That sucked. Reality really sinks in when you are not in a good place to write those checks but you write them anyways. It was the responsible thing to do. Also, don't be a dick. Inform your employees that they need to keep their options open.

My biggest regret was allowing my VC to convince me to not worry about money...but you live & learn.