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I agree with others that you should take some time off, talk to a professional, and try to fix things if possible. That being said . . . I was in a similar pos
by philip1209 9y ago
I agree with others that you should take some time off, talk to a professional, and try to fix things if possible. That being said . . .
I was in a similar position: last remaining founder having to pick between an acquihire where I'd be locked in to a job I didn't want, or pivot. I had cash in the bank, so I felt obligated to not stop. I talked to my investors, and they said "it's ok to shut down."
The thing to keep in mind is that early-stage investors don't care about 1x or 2x returns - they hope that one or two out of dozens of investments make enough money to return the portfolio.
For me: I chose to shut down [1] and travel for a bit. We open-sourced the code, which made clients happy. I kept my phone in "do not disturb" mode for a solid month after shutting down - it took awhile to decompress. (The shutdown process is still ongoing after 4 months, unfortunately). Feel free to email me if you want to chat.
[1] https://blog.staffjoy.com/staffjoy-is-shutting-down-39f7b5d66ef6 https://blog.staffjoy.com/staffjoy-is-shutting-down-39f7b5d6...