I’ve done a seed round on convertible debt & I am now out of money. The original product idea has changed since the round, but current investors aren’t backing me by extending the round. I don’t blame them, but I have a new direction and I think it has promise.
I’m going to push on, but want to ask what everyone here thinks my obligations are. The new direction came while still using seed money, but I’m sure it will change and morph as I dig in.
Should I continue under a fresh new company or the current one? I am writing personal checks to keep the dream alive.