Viewing profile — seaking

Thanks for the candid thoughts, Udo. Some brief comments on your response: - Unfortunately, we have some business-critical costs we incur, so can't do a full slashing. However, we'…

No revenue yet. Our first campaign launched yesterday, and one of our sites is seeing the first hits trickle in now.

Yea, we've been wondering that ourselves. :) We've already gone through the DD process with him and his lawyer, and a new shareholder's agreement has been drafted. It has verbiage …

Ah yes. My apologies. Our current burn rate is about $20k a month, which includes modest founder salaries (not quite enough to pay the bills, but it helps). Most of our burn is act…

I'm a cofounder in a small Canadian-based startup. We think we're on to something big, but we're pretty much out of cash and need a couple more months to get to revenue. As luck wo…