out_of_it

3 ms·

1. 1.▲
   by out_of_it 18y ago

   Yeah, that's pretty thoughtless - some of those guys might be in the closet.
2. 2.▲
   by out_of_it 18y ago

   I advise a different rank of priorities. If you can start a company now, do it, even if you have a ton of credit card debt or are way under water on a mortgage. This is exactly what bankruptcy is for. It does society no damn good to have
3. 3.▲
   by out_of_it 18y ago

   The question is, if I want or need investors, might this be a problem?
4. 4.▲
   by out_of_it 18y ago

   The bankruptcy would largely be a result of funding a web startup years ago with credit cards after having used up savings. The expenses were food and rent and the like.
5. 5.▲
   by out_of_it 18y ago

   Thanks. I have played both the CEO role and the CTO role. In the future I would likely be playing the CEO role.
6. 6.▲
   Ask HN: Is personal bankruptcy a problem for founders?

   6 points by out_of_it 18y ago|6 comments