On 02/08/2011 08:52 AM, OrionWorks - Steven Vincent Johnson wrote: > Thanks for the posts. > > For better or worse, Rossi strikes me as the ultimate micromanager. > > Perhaps it part of an engineer's internal makeup - to want to stay in > control of everything, including the purse strings. >
It's a truism in the world of startups that the longer you can go before you get outside financing, the better off you are: if you have more to show, you can sell a smaller share of the company for more dollars. If you get financing when there's hardly anything there but an idea, then you're likely to end up selling almost the whole company before you get to square 1. The trouble is, without money, it can be hard to get anywhere.
