We went through an accelerator and raised a small convertible note afterwards. Co-founder bailed, company stalled and no progress has been made for 2 years due to burnout of remaining co-founder. Money has run out. No contact with investors.
Now ready to give it another go, but money has run out.
Is it a must to continue under same corporation? Or is it ok to bail/kill the corp and start fresh. It’s a similar business.
I really love the brand name we had and fuzzy on the ethics. I know the investors have written it off, it wasn’t a large amount.