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by lmeyerov 4285 days ago
When I talk to other founders about the gut of steel, it's not about the money but the people.

'Real' founders are fine -- we have a lower expected salary anyways but are probably extra employable. (Imagine who knows the most about contributing to a business!)

The issue is that we were the ones who convinced the people we sat down with to put their eggs in our basket. Investors put in their hard-earned money, employees devote their precious personal hours and "one shot", and customers (in B2Bs) put their own businesses on the line. A company is a social bedrock and we're ultimately responsible.

This stuff can certainly be rationalized away. Professional investors spread their risk and angels are often in it for the fun, employees get a bundle of a paycheck, lottery ticket, and personal responsibility, customers make business decisions, and everyone is getting a seat on the rocket. However, founders are human and part of that means having empathy.

1 comments

You made tea shoot out of my nose when I read "Investors put their hard-earned money...".