Global
Halden Works
First year company. Two founders, no steady revenue.
$47,600
annual revenue
19
decisions
5
directors
1
year
2
team
Seven months of money left and no clear signal.
The debate they have open today.
What it is like
- Revenue2
- $47,600 in eleven months, none of it recurring.
- Maturity2
- Everything still to build and nothing written down.
- Complexity3
- Low: two people and one product.
- Pace9
- Very fast. They change direction every few weeks.
- Risk8
- The risk is the company itself, not the market.
- Upside9
- Everything ahead of them and nothing proven yet.
Its board
- Víctor HaldaneCrisis and restructuring specialist · Level 18
- Mireia FontFundraising specialist · Level 16
- Andreas WeilInternational expansion specialist · Level 15
- Lea MartínezData and analytics director · Level 14
- Helena BrunetLegal and contract risk specialist · Level 15
Its rooms
Boardroom
3 decisions. 16 more inside.
These are only 3 of the 19 documented decisions of Halden Works.
Putting it on the table that one of the two founders may have to go
Someone said out loud that the partnership may not survive another year. It is still open.
Both of them jumping at the same time, with no salary
They looked at one of them staying employed to fund the other. They both jumped: with one of them half in, the company would have moved at half the speed and with twice the resentment.
Putting in $34,000 of their own savings instead of looking for an investor
With no product and no customers, raising money meant selling it cheap. They accepted that those savings set the clock: fourteen months, counted from day one.
19 documented decisions
3 visible · 16 inside the .ziri
With their reasons, their dates, the rooms where they were decided and the links to every person who took part.