Everything Don Pottinger said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Pivoting startups should reincorporate as new companies to wipe their cap tables
“Honestly, you know, if you think about it should have been reincorporated as a new company. The cap table should have been cleared, which I, we can talk about the cap table later, but it was essentially a new company with the same name.”
Early startup employees who build the product deserve substantial co-founder equity
“A lot of people don't understand, especially when you're young and you're being employed, that the courage and the agency it takes to be able to say, yes, you may have funded this company, but I've, I'm building it. So I deserve to be a co-founder. I deserve t…”
A startup investor agreed to sell Kevi to its CTO for $1
“I proposed that I would buy the company, the assets from him if he was going to shut it down or if he didn't want to find a new CEO. And he gave it some thought and he agreed to sell it to me for basically nothing, one dollar.”
Kevi failed to raise funding because departed founders held too much equity
“We get to due diligence, and they take a look at the cap table and see that the original founder, along with several other people that were brought on to the company that had left, had big chunks of the company, while the CEO and CTO, me, had a very small amou…”
Pottinger: LanguaTalk grew to mid-six-figure ARR within eight months
“We launched in January. And because my co-founder had been in the space before, he kind of knew all of the knobs, the marketing, the timing, the ads, and me from the technology side, we had everything buttoned up. And so it's been really amazing to go from lit…”
Pottinger: Kevi pivoted away from competing with Zapier due to high churn
“This was early days, so Zapier and Kevi were competitors in what I would consider that sending data from point A to point B. I think where Kevi was focused is that they had a lot of e-commerce companies that were trying to send data from their e-commerce platf…”
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