This makes me sick at the moment. I had 25 bitcoins in Mt Gox when it imploded and one left in my wallet. Last summer I was in a bind and had to sell my last .95BTC for $450. Now I am staring at my bank account balance, with no job, the day before I begin pitching VCs and angel investors for my new startup wishing I had some of that money back. It also makes me wonder if I am making the right call with choosing another startup over a "real job".
The last time I did an "app" startup we got lucky and pissed off the right 800lb gorilla in the market and they bought us. The app was great, our customers loved it, the price was right, but the sales cycle was long. We were running out of money and luckily someone saw the value of what we had created and bought our product and our team. Today I am looking over the docs for my new startup and see the same stupid hockey stick we all have to show, but the difference is that I can prove the numbers. We have paid for and accounted for every single customer in our growth chart via the business plan. We know EXACTLY how we will make money, but will need the market to validate how much we will make.
I feel at peace with my decision, but every day is a struggle and every night is a constant worry. I make it through each day by asking everyone I meet if they find value in what we are building. I refine the pitch. I hone our messaging and I adapt the features to make our product work better.
I am sorry for typing all of this and making some of you read it, but I am an emotional wreck between an entrepreneurs unyielding optimism that we will succeed and a father's need to provide for his family. What does any of this have to do with the price of Bitcoin? The last time I did sold a startup my investors made 4.5-11x their investment. Maybe one of you guys will take some of your new found wealth and take a chance on a crazy startup idea that won't change the world, but it will make thousands of peoples lives better and help them plan for their future.