bye
nope
#5
Posted 30 September 2019 - 10:09 PM
Almost 4 years ago, I founded my second tech startup company. I started and run it all by myself till the next 1.5 year where I got our first angel investment of 50K euros and made the first hires.
I left my friends, family, studies back in Thessaloniki and went to Athens to fully pursue it full time. I left my GF Anastasia in Thessaloniki and we tried a long-distance relationship.
Everything was like a dream. People were praising me at such a young age, my friends admired me.
1 year later, we got a Venture Capital and 3 angel investors from Boston and San Francisco to put another 100K euros in our startup. We expanded our operations and our team.
Meanwhile, my long-distance relationship with Anastasia was getting sad and ugly so recently we decided to end it forever.
In summer 2019 we had to hit some major sales goals which we didn't. We couldn't secure a follow-on investment. The team and board got upset. I made some mistakes but man... I've tried my best!
As of now that i am writing this, I just got off a 2-hour call with our board of directors. They decided to remove me from CEO, leaving me with no job, no salary, no board voting rights.
I had 52% equity in my startup but the "Reverse founders vesting" clause that I've signed..... says that If I leave before the 1st year of the contract... I am just keeping 5%.
Now, I have to go back to my studies. No friends since they all graduated. No girlfriend. Went from 52% of shares to just 5%. I fucking founded this company myself, I fucking brought all these people together!
I am so embarrassed to even tell it to my year-long friends or family....
I am taking a step back.... taking a break.... life isn't fair.
Don't give up sir .
And good luck too .
I am truly sorry to hear this .
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#6
Posted 30 September 2019 - 10:09 PM
#8
Posted 30 September 2019 - 10:10 PM
and thats why u never trust people... they all are piece of shit that think only about themselfs
man... where is hitler 2?
you can't do business if you never trust people... this is why you should pick people very very carefully... i dont know anymore who to trust
#10
Posted 30 September 2019 - 10:12 PM
Heads up buddy. If there's one thing i've learned from setbacks it's that they toughen you up. They strengthen who you are and force you to re-evaluate what you want to achieve. Appreciate the past for what it was, but the same way you were capable of building a company that raised significant sums of money, you'll be able to overcome this hurdle and come out stronger, maturer, and more wise than ever. Nobody said it would be easy, so don't give up when it gets hard.
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