[jbox]

Acquisition, investment or acceptance into an incubator are all great things but don't build your startup in such a way that success is dependant upon them.

Ultimately, your success will depend on one thing - you. Build your business for profitably and don't count on money until it's safely cleared in your account.

[minalecs]

i wish I could upvote this sentiment more. I've also been accepted into an incubator, but had I been declined, I still would of moved forward with release, and marketing plan. After being accepted, I've adjusted my schedule some, but still on track regardless. To me it seems that Jamie is giving up on something that if he truly believed in it, he should continue even now after finding a real job and getting back on his feet. For this reason, it makes me feel that maybe Bootup made the right decision. Regardless its a terrible situation for everyone involved.

[trevelyan]

Sad, but I agree. Be curious to hear why the investors wanted to invest In the first place if the idea isn't good enough to keep the founders committed when they hit this sort of minor setback. And weren't they working on the business for two-plus months in Vancouver? No demo? No prototype? No sense of next steps?

[realitycheques]

likely little meaningful assistance when the fund manager is in panic mode scrambling to raise money...