I'm interested and horrified at the same time. This can get really ugly. At least when people invest in your company, if you fail you can file for bankruptcy, l

I'm interested and horrified at the same time. This can get really ugly. At least when people invest in your company, if you fail you can file for bankruptcy, liquidate assets, etc... But when you're the one being invested in, that's a 10 year lock in. That's a 10 year additional TAX that you'll be paying on your income. Upon failure you can't liquidate yourself, you have to wait it out. A business (LLC, S Corp, C Corp) is at least separate from its owner. With UpStart, YOU are the business. And that's a bit too close for comfort. Sounds like a deal with the devil type of contract, only for desperate entrepreneurs. It's hard enough letting go of your company's equity, I can't imagine what it's like to not own 100% of myself.