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So you're suggesting any startup that can't get its unit economics to work should have its founders sent to jail?
by soheil 4y ago
So you're suggesting any startup that can't get its unit economics to work should have its founders sent to jail?
- mstipetic 4y agoNot too jail, where did I mention jail? Stop selling and messing up the market, just shut it down and go do something else that creates value
- mauvehaus 4y agoUnder certain circumstances, the IRS will consider your business a hobby if it fails to make a profit. The consequence being that you may no longer write off your business expenses on your taxes.
- kfarr 4y agoIt’s a few years IIRC, something like 3-5 years