ALOHA

I started a wearable company and have brought on three other people: CEO, CTO, CHO, & CMO. We have the design and patent. We were selected for an accelerator.

Now I want to bring on a CFO. Is it ethical or even legal to accept a nominal fee of $17.5k to allow a CFO to join us?

  • tossed_@alien.topBEnglish
    1·
    10 months ago

    If you have $10M in funding why are you collecting a minuscule $17.5K from a single employee or advisor? Literally not even worth thinking about. Conserve your equity and remove these barriers for experienced members to join your team.

      • tossed_@alien.topBEnglish
        1·
        10 months ago

        So basically, the long term success of the company is not at all a concern here? Who cares how much SHOP PAY can accept? This is sounding more and more like a straight-up scam.