linkedin post 2013-02-03 02:35:38

REMEMBER THAT FOUNDER’S DEBT WILL NEVER BE REPAID. You started a company, left your job, and worked crazy hours? Along the way, you paid out-of-pocket for everything? Then you added it all up, and between the cash outlay, and the personal liability on big-ticket items, you had already invested 250,000. Be VERY aware that this will never be repaid in any financing. Sweat equity and capital invested are yours alone. If you cannot afford that burden, you had better look out for Angel investors early on.

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