Knots & Knacks

Founder to Founder (F2F) Board

Post a Knot
4 questions

Showing knots from , , . .

@seedposter01

Knot

Co-founder & CEO of a Seed B2C SaaS in 🇺🇸 United States.

Modeled our four stacked SAFEs for the first time. I own 11% less than I thought

Confession: we raised on SAFEs four times over two years — $50k uncapped with MFN, then $150k at a $3M cap, $250k at $5M, $400k at $8M — and I never once modeled the conversion. "They're not equity yet" was the cope. The ledger was a folder…

This worked

@seedposter05

Knot

Solo founder & CEO of a Bootstrapped D2C / e-commerce in 🇺🇸 United States.

Haven't paid myself in 8 months and my partner is at her limit

Bootstrapped. $15k MRR, growing 8% month over month, but every dollar goes back into hosting + the one engineer I hired six months ago. I haven't taken a salary since last August. My partner has been supporting both of us. She's not unkind…

@seedposter01

Knot

Co-founder & CEO of a Pre-seed B2B SaaS in 🇺🇸 United States.

Lead investor pulled out the day before signing. What now?

Term sheet was signed, due diligence done, transfer scheduled for Monday. Friday afternoon I get the call — they're "pausing all new deals." No reason given. The other commits in the round are conditional on this lead. Two weeks of runway a…