We also want to see taketake thrive and we are doing everything we can to see that happen. My co-founder and I simply can't be leading it anymore. We're burned out and skid off our cash runway. We did take a week(s) off. This is not an easy decision.
By getting another team to take over, it's almost as if we were getting one/two other co-founders to come on board. My co-founder and I will take an advisory role and that's why it's fair that the new team gets a majority stake in the company. We would retain 10-15% of common stock each.
By getting another team to take over, it's almost as if we were getting one/two other co-founders to come on board. My co-founder and I will take an advisory role and that's why it's fair that the new team gets a majority stake in the company. We would retain 10-15% of common stock each.