Unfortunately a lot of startups doesn’t shut down cleanly. Shutting down your own startup can feel for many founders like killing your own baby. However, the a

Unfortunately a lot of startups doesn’t shut down cleanly. Shutting down your own startup can feel for many founders like killing your own baby. However, the alternative such as a messy shutdown by leaving unpaid bills and unrealized contracts is even worse. Bankrupcy laws doesn’t work so smoothly around the world, even after bankcrupcy you can still be liable for taxes as well as unpaid bills/wages get bad reputation which can hurt you in the future.