After weeks of gut-wrenching indecision, I turned down a dream offer. Today, I’m sharing the five critical questions that led me to make that call.
“I really appreciate the offer, but I… I’m going to pass.”
The uncomfortable 5-second silence that followed gave me plenty of time to think about what a colossal mistake I was making. I can’t believe I’m saying no.
I had spent the last four weeks sweating over an unexpected offer from a fairly well-known east coast venture capitalist. The offer would make it easy to tackle our two-year product roadmap in a six-month sprint.
In that four-week span of indecisiveness, I made more pro/con lists, pulled more straws and called on more friends and mentors for advice than I had in my entire life. But ultimately, I said no. And as I write this a year later, I’m extremely happy with that decision.
The decision to pass was made easiest by a conversation with a founder friend of mine who made the opposite choice: his SaaS startup took a big helping of VC cash. And though he made out very well when his company was acquired a few months ago, he shared his own approach to fundraising: five questions that, once answered, gave me the clarity I needed to see the right choice for Groove.