First I'd like to thank sethbannon for writing this valuable article. As someone with two failed startups under his belt (including one through Y Combinator), I

First I'd like to thank sethbannon for writing this valuable article. As someone with two failed startups under his belt (including one through Y Combinator), I think entrepreneurs being more open about the challenges of startups is a good trend. FedEx, Evernote, Intuit, Zappos, Airbnb – I’m endlessly inspired by those founders who faced near collapse but simply refused to give up. These stories can be inspiring, but remember that they suffer from survivor bias. The companies that do go under don't get as much attention in the financial press. Sometimes the reality is that it's time to shut down. Give up on one thing, move on to the next thing.