Comment on How startups should dieparentComments−dkersten12yAs a Western Europe counter-example, I recently lived through a startup failure and and our creditors are also being extremely supportive, both in the liquidation process and in our next ventures.−ballard12yThat's savvy b/c it's likely. The team, idea and execution can all be in tune but there's still that darn uncertainty of popularity.Hope the team's still motivated to carry on; good teams are hard to come by.(VC's are almost obsolete, unless they have mucho value-add: http://wefunder.com/)
Comments
As a Western Europe counter-example, I recently lived through a startup failure and and our creditors are also being extremely supportive, both in the liquidation process and in our next ventures.
That's savvy b/c it's likely. The team, idea and execution can all be in tune but there's still that darn uncertainty of popularity.
Hope the team's still motivated to carry on; good teams are hard to come by.
(VC's are almost obsolete, unless they have mucho value-add: http://wefunder.com/)