[tluyben2]

At least in the EU (in my experience ofcourse), people won't openly talk about that. It's still a shameful thing if you went properly bankrupt (not just quit, but with actual declaring bankruptcy legally; 3 times for me out of 20something companies).

If people went 'big' announcing their 'thing' so everyone knows about it and it failed (bankrupt or just quit), they downplay it as 'sabbatical', 'helping out a mate with his weird dream' or 'over the top hobby' or something like that. Almost all my friends tried the entrepreneur path and all of them found that it was not worth it; 16-18 hour days on their own dream with no guaranteed pay vs 6-8 hours/day for a boss with guaranteed pay mostly got them to go for the latter eventually. They never mention it, ever.

I don't give up though and just keep building things. They usually make enough money to live even if they fail.