Restaurants are in the small business part of the scale
Non Profit->Small Business->Growth Business->VC Backed Growth Business->Unicorn
Where nefarious treatment of customers correlates to the X axis.
453 karma · joined March 27, 2024
Restaurants are in the small business part of the scale
Non Profit->Small Business->Growth Business->VC Backed Growth Business->Unicorn
Where nefarious treatment of customers correlates to the X axis.
This is the equity deal: https://www.ycombinator.com/deal
What if I don’t want to raise any more than the 7% (which in itself is $125k I don’t really need but happy to give 7% for the higher P(success))
What if I want to bootstrap from that point or at least keep options open?
In terms of learning I can’t read a book and remember it all. I would need to apply it.
Let’s say company does $1bn a year, and my decision adds $1m/y revenue (0.1%) and my share holding is 0.1% and worth $10m. This has made me $10k. Not insignificant but a person making that decision $10k bribe to make a suboptimal decision is bad value. Especially when it is not clear it happened due to volatility.
The real reason they may do it is favour for favours.
A queue may give you time to scale up too?