I’ve just read your post on how to know when to leave your startup on VentureBeat, and I wanted to ask you a question, if you don’t mind.
We completely bootstrapped our start up for 1.5 years. We’ve got a beta product, about 5 companies using our product successfully, and over 600 companies signed up to try it.
The problem is all three of our co-founders are at financial and emotional exhaustion and the two married ones including myself at marital exhaustion.
We are working to raise seed round, but we keep hearing that we don’t have enough traction just yet (paying customers will be highly desirable) and our runway is only a month at most. At the same time, we don’t want to give up, because we get a lot of very position reviews from people signing up for our product.
I was wondering if you might have any general advice? You seem to be able to raise money, do you have any advice in regards to that?