How does a startup 'close'? - eviltoast

Hypothetically speaking, a startup gets some rounds of investment from VCs, operates for a few years, and run out of runway. What do these final months look like? Do the investors try to get their money back?

  • Lath@kbin.social
    link
    fedilink
    arrow-up
    4
    ·
    11 months ago

    Depends on the employer. Some will cut their losses fast, others will hold on till the bitter end.

    I somewhat know one of the latter. His startup was going down hard two years back, but even now I still see him active once in a while on the same project. No idea how it’s faring, but the guy is still at it. Doubt he still has the same team though, so be ready to move if you’re one of the more expensive hires.