In January, my startup had 13 days of runway left when I realized no one was coming to save me VC who’d agreed to bridge us pulled out the day wire was due Cut burn 80%, signed 1st annual contract w 1 day left before payroll & somehow got profitable Hardest thing I ever did
This experience shaped a lot of my worldview: nothing is given, everything must be taken. They wasted the last weeks of my runway in diligence & legal they never intended to follow through on. I felt so stupid, it was the lowest point of my work life. I’m grateful it happened.
It’s crazy that this is what I’m Tweeting about the day the first $1m LP commit for my fund got signed, but I guess it’s good juxtaposition to the sordid state I was in 10 months ago
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