Don’t dissemble. You should ask about what their concern is (you getting hit by a bus, you losing interest, etc.) so that you can find a solution that will work for them and other similar customers. One of our licensees had a lawyer who asked us to put our source code in escrow, in case we got acquired or went under. It was a little embarrassing for her when I explained that they already had our source code, which wa…
Side note on escrow - we get asked this from time to time. We respond, we're happy to provide it on certain plans and quote them for it. No one has ever taken us on it. In b2b you never say no, always have an option for what they're asking and charge more for it.
Asks HN: Solo founders-How to respond when customers ask how big is your company
21–30 of 64 posts
Re: Asks HN: Solo founders-How to respond when customers ask how big is your company
#22I didn't know I had this question. (Don't have an MVP yet.)
Thank you for everyone that has given good answers!
Re: Asks HN: Solo founders-How to respond when customers ask how big is your company
#23Re: Asks HN: Solo founders-How to respond when customers ask how big is your company
#24Re: Asks HN: Solo founders-How to respond when customers ask how big is your company
#25Re: Asks HN: Solo founders-How to respond when customers ask how big is your company
#26Re: Asks HN: Solo founders-How to respond when customers ask how big is your company
#27Re: Asks HN: Solo founders-How to respond when customers ask how big is your company
#28Earlier quoted context omitted.
> Lie like hell --- and try to turn small into a positive. Don't do that. Unless you don't care about your reputation. > But truthfully, you really do need at least 2 people as a bare minimum to sell a viable product. When did this become an immutable law? > Lots of customers will want some assurance that if you die in a car crash on the way home, there is someone left to continue on with. One can also figure out a b…
> But truthfully, you really do need at least 2 people as a bare minimum to sell a viable product. Not true. Fine to be a solo entrepreneur, especially for more senior founders. YC may want multiple founders, but they cater to first-time founders. > Lots of customers will want some assurance that if you die in a car crash on the way home, there is someone left to continue on with. Another person involved does not imp…
Re: Asks HN: Solo founders-How to respond when customers ask how big is your company
#29I'm guessing most of the people here who are saying "be truthful" have never started a company. Sometimes you just gotta fudge the numbers a bit and do what needs to be done to get your company off the ground. I've been in your shoes and I recommend saying something like "we are a team of 5".
Re: Asks HN: Solo founders-How to respond when customers ask how big is your company
#30Earlier quoted context omitted.
> But truthfully, you really do need at least 2 people as a bare minimum to sell a viable product. Not true. Fine to be a solo entrepreneur, especially for more senior founders. YC may want multiple founders, but they cater to first-time founders. > Lots of customers will want some assurance that if you die in a car crash on the way home, there is someone left to continue on with. Another person involved does not imp…
You’re arguing against a straw man. Nobody is claiming another person will improve chances of survival. It will improve chances of a sale
I was responding to "if you die in a car crash on the way home, there is someone left to continue on with." Which seems pretty clearly attached to survival.