tiredandseeking

Thanks for the comment. That seems like a good deal to me. Do you have any tips for the negotiation?

We have been amazingly blessed to get as far as we have so I think I'm hesitant because there is a chance that we can make this work despite my burn out and personal desire for stability. The reasons for accepting would be personal and although we would be able to return most of our investments, this is not what we set out to do.

My main fear is limping out of this a few years from now. With the money we have raised, we do have runway for a small team for a few years. But given the technical maturity of our product, we should really be in growth mode with the intention to raise a series A in 18 months to 2 years. Our current projections make this story seem a bit far fetched so we have to make a decision of whether to keep fighting along with the same product or to try something entirely different.

You hear the brilliant stories of Instacart and Mattermark and Slack where a later stage pivot turned out to be the greatest decisions of a lifetime but you don't hear about the stories that don't work out. I was 100% willing to spend a year working my ass off while learning a ton and meeting awesome people, but now we are talking about 3-4 years going towards an uncertain future.