Startups Anonymous Est. 2013 · Read-only archive
Questions

How do you not let people down and remain in good standing when you shut down your startup?

I worked so hard to connect with so many people, these people believed in me and wanted me to succeed. There are a lot of students who really looked up to me. People who overlooked me in the past, now respect me a lot. My startup has failed and I’m done. But how do I save face? How do I remain in good standing? How do I not let people down who believed in me?  How do I turn to these same people I was asking for help, advice or money for my startup and now ask for a job, intros for jobs, an entry into a new industry, or recommendations?

3 answers from the community

AAnonymous· Jan 16, 2018

If you were sincere in your efforts and they have understood you, then nothing should hold you back from going back to them.

Pl remember, only a small fraction of start up's succeed, so you are not alone in the boat.

AAnonymous· Jan 22, 2018

"But how do I save face?"

just curious, are you from East Asia? only because it is far more likely people there (Chinese, Japanese, Korean, Vietnamese and oversea populations) would say this.

AAnonymous· Jan 23, 2018

Nope I'm American.