Episode description
In today’s Startup Therapy Podcast, Wil and Ryan talk about when is the best time to give up equity. At the early stages of a Startup, founders often seek to partner with a co-founder in the hopes of growing the company. But what founders don’t realize is that it may be too early to look for a partner or too risky to look for one. Selling the equity of your company, when it’s at its lowest value, will only nip down its potential growth.
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- Startup Therapy Podcast
- https://www.startups.com/begin
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- Send an email to therapy@startups.com
What to Listen For
- 00:00 Intro
- 00:14 When is the wrong time to raise a capital?
- 04:02 The equity is future value of your company
- 09:29 Is giving up equity the only way?
- 17:27 The single most expensive investment: meeting your co-founder
- 20:24 The story of two founders
- 23:56 What if there’s a law that won’t allow a co-founder in the first year
- 25:02 Another founder story
- 29:30 We often blind ourselves to other solutions
- 31:08 You don’t have to do all in the same race
- 35:43 Things you can do that won’t make you less vulnerable