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Can you raise investment or sell the company outright ? - if you've got millions of users then it might be viable route.

• StartingOver 16y ago
  Sell might be an option. One of those things where there was an offer a while back, perhaps they will take it for a song. But otherwise, how to go about it?
  • ig1 16y ago
    It's hard to say without knowing more about the business, but assuming you know who your most likely acquirers are get a contact within those businesses and approach them directly. Who do you primarily owe money to ? - if a significant chunk is to a supplier then you might want to see if you can negotiate a deal with the supplier writing off the debt in exchange for equity in the company.
    • StartingOver 16y ago
      Banks!