We went through an accelerator and raised a small convertible note afterwards. Co-founder bailed, company stalled and no progress has been made for 2 years due to burnout of remaining co-founder. Money has run out. No contact with investors.
Now ready to give it another go, but money has run out.
Is it a must to continue under same corporation? Or is it ok to bail/kill the corp and start fresh. It’s a similar business.
I really love the brand name we had and fuzzy on the ethics. I know the investors have written it off, it wasn’t a large amount.
Are you using the assets (code, IP, brand, etc) of the original corporation? If so, you may want to approach your investors and offer to “buy them out” for a token amount.
The investors might not feel the same if you succeed. Everyone loves a winner. Go to them and get it in writing, or offer them some shares in the new entity to replace their convertible note … at least they’d be getting something.
… [Trackback]
[…] Find More Information here on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Find More Info here to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] There you will find 51920 more Information on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Info on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Read More on on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Here you will find 52059 more Info on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Find More on on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Information to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Read More to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] There you can find 80394 more Info on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Find More Info here on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Read More Info here to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Read More on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Read More Information here to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Find More on to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Find More on to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Read More Info here to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Find More Information here on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Find More to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Here you can find 64835 more Info on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Here you can find 79844 more Info to that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Info on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]
… [Trackback]
[…] Info on that Topic: startupsanonymous.com/question/shut-re-open-get-away-investors/ […]