Sorry, I was being overly cagey.
As you correctly point out, the business has no customers. Wouldn't it be a less risky proposition if it had commitments from potential high-value customers?
(N.B. I said "less risky", not "risk-free".)
4 karma · joined December 2, 2009
As you correctly point out, the business has no customers. Wouldn't it be a less risky proposition if it had commitments from potential high-value customers?
(N.B. I said "less risky", not "risk-free".)
Wouldn't changing one of those "no"s to "n potential" make the venture less risky?
Could you explain what about the scenario makes you say that Alice sounds like a first employee rather than a co-founder?