Thank you, I'm ready for whatever happens how! can I contact you, if you are open to it?

Or yes, an intro to your founder coach would be great.

Sure thing, shoot me an email at fairity@fastmail.com.

Thanks for sharing the Nokia "burning platform" memo, just read it.

We just never did it and missed the moment. But honestly I look at it now and founders who have taken money off the table but have not or will not return money to investors...is that a better spot to be in? Because if you throw in the towel then, why would those investors EVER back you again. Maybe if early investors AND founders take some chips off the table you can better align incentives. But this whole secondary movement seems like a manifestation of a "cash is free" market we have been in for some time before the markets turned.

Thanks for this feedback. And maybe the pre-requisite to getting alignment, is to first get clarity on whether the new investor putting money in wants me as CEO to help get to the right outcome for everyone.

Wow...I don't even have any words really. So I'll just say THANK YOU! I will need to read that a coupe more times. But my first question is who are you and how do you know all this and how can I contact you?

Haha, I don't have time to read OP's epic essay, but I love the mood. I think founders who have been through this, myself included, just want you to know you're not alone. Go kick some ass.

you’re welcome! :) just wanna be helpful and help you out. cris@dosycorp.com

thank you for sharing this. tough to read but totally resonates. and hope you have found your footing now!

It because that's the burn number we will be at by the end of year, lots of cost cutting work to reach that number. And new investor is willing to write the check to execute on this plan but will get their fair share of skin for the risk.

What do you think aligns those incentives in this example?

yes, that's correct. Which is why I'm asking for advice/guidance here....

THat's 1M a MONTH, so $12M a year in annual losses.