giggitytex

I'm a founder of a startup that's just exited P-M fit and we are heading into growth. Revenue looks to be about $5m this year and profitable. This is the great news I have to share. The past year has been hell, with my co-founder being thrown out of the company for lying to my investors. There was also some mismanagement of money by him, and so the net result was that the past 12 months have been absolute hell. Often I am coming up with payroll hours before it needs to wire. I have tons of vendors that haven't been paid. I sold my house and my car to keep the company afloat. Many of my investors helped, but many didn't and frankly ignored my phone calls. I went through due diligence with a firm that in the 11th hour suggested they would only fund our raise with total board control. Between the legal battle, the cash flow issues, and moving my little family into an apartment in a dangerous part of town - it took a toll on me. I went to the ER on Christmas Eve last year for Coronary Vasospasms, which while not being a heart attack are similar in feeling. They can cause strokes. Those spasms have not really stopped, I have just learned what they are and accept I am under a great deal of stress. I am doing everything I can to exercise, eat well, and talk to people. I think that I am doing everything I can I am approaching my first quarterly report with them as the sole founder left, and I am contemplating my need to inform them of this. I think on the one hand they should know the amount of stress I am under and that if I should have a stroke or heart attack their investment would likely go to zero. On the other hand, I am also of the opinion that sharing too much can have unintended consequences.