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XE3BZiC5J4CAAx

12 karma · joined January 10, 2022

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XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
Oh I'm definitely not going to work on this anymore until I see some real money and a proper agreement.
XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
Dude. Yeah I was dumb. Whatever, I'll live.
XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
I think my main question is: how honest should I be? Not about getting emotional or anything, but if I have real concerns and my work is actually good, is there a reason I shouldn't be 100% direct?
XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
Thanks, I'll give this a try - nothing to lose really.
XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
Nothing in writing. Everyone's saying I should just drop it, but I'm thinking I should try to salvage the situation by dropping the ideas guy and coming to a formal agreement with the angel investor.
XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
You might be right, but we have the demo now anyway. The problem is that this shouldn't have been so painful for me in the first place. It's just a few months working on a cool product. They could throw me some cash to make sure I'm okay, and I'd be happy.

Their inability to be fair/competent is what's breaking me.

XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
It's definitely worth a lot more than what I got so far. These guys aren't scammers, they're just not very good at running a software project, and I was too desperate to take charge.

Even 1/3rd of a good business is a hell of a lot better than 100% of a bad one, or never being able to get anything off the ground at all.

XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
There's no paper work, just a verbal agreement to start a company.

As for the customers, there needs to be a demo because this particular project doesn't quite work for consumers at this stage. To begin with it's a SaaS for businesses. Meaning we'll have to pitch it directly to the business at first.

XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
It's personal finances, I'm broke. I should leave? But then what, they gave me money and I still own the code. If I took the code it'd be unethical, but I believe in the project and don't want to let it go.
XE3BZiC5J4CAAx··on Ask HN: Stressed by Cofounders
They funded me at the start a lump sum to build the demo, and then there was a vague promise to send me some more once I delivered so that I could continue working while we pitch it to investors.

The thing that's not working for me is the vague promise and the fact that I feel like a student who was put on a team project and left to do it alone. Throughout I was told that they like the results, so I kept working on it without finding other sources of income.

Apologies for being all over the place, I'm not in the best mental state and it's a long story (to me at least).