30 Heaven forbid if you must wind it up
This chapter covers
- What can you do when you see the end of the runway but there is nowhere to turn?
- If the shutdown is inevitable, what does a team-centric, timely windup of the company look like?
- Are there insider stories that could be helpful to prepare for (or avoid) the worst?
Let’s suppose your company can’t be saved. Either you have tried everything and it is just not working, or the investors have pulled the plug, and you have been ordered to shut down your startup. In this anecdote, we will talk about what you need to do, who can help you, what the process looks like, and how to finalize dissolution, put it behind you, and go on to your next thing. There is no shame in a startup failing. ...
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