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They gambled and lost. As long as you weren't funneling the money into your own account or fraudulently representing yourself you have absolutely nothing to fee
by tsunamifury 11y ago
They gambled and lost. As long as you weren't funneling the money into your own account or fraudulently representing yourself you have absolutely nothing to feel guilty about.
- makomk 11y agoQuite. It seems rather misplaced guilt if anything; the investors presumably saw enough of an upside across all of their investments to make up for the majority that failed. Yourself and your employees, not so much.
- brianwawok 11y agoWhat if your seed money came from your grandparents and family. Does putting a face you know to the source of the lost money change how you feel?
- yesimahuman 11y agoThis is why you should think really, really hard about taking friends and family money. You might be able to handle the mental complexities of it, but I realized I couldn't.
- morgante 11y agoI see where brianwawok is coming from. You shouldn't feel an overwhelming sense of guilt, but you also still let people down. Also keep in mind that most entrepreneurs raise some very early money from individuals ("friends and family") who don't have portfolios with dozens of companies.
- Scirra_Tom 11y ago> but you also still let people down This isn't true in my opinion. (Unless you didn't do what you said you'd do).