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Ask HN: What did you do after your VC funded startup failed?
As the question says what did you do after your VC funded startup failed? I'm curious to know what founders do next
- DamonHD 3y agoAccepted a buyout of the shares or IPR for what felt like a pittance in the last couple of cases (well, second one was not yet VC) which is just about enough to semi-retire on, and I am trying to make use of what is in my head for a PhD!
- lusus_naturae 3y agoIs it okay to call them "failures" if you were able to get money for them to semi-retire on? But I get it, everyone has their own goals.
- DamonHD 3y agoThe second one in particular had some very specific climate-change fixing goals which I can no longer ensure, and our investors did not get much money back. Also it seems that I live pretty modestly. So my careful semi-retirement might be someone else's purgatory. I have tagged along with many millionaires for many years and I hanker for nothing much in their lifestyle! As Spike Milligan said, riches just buy you a better class of enemy...
- lusus_naturae 3y ago> riches just buy you a better class of enemy. Depends on your personality, I'd say