[DevX101]

What specifically do you disagree with?

I think the startup ecosystem is woefully lacking in negative outcome posts like these. It's fun to write about your awesome traction, your latest funding round, but it's painful and bitter to write about failure. As a result, many new entrepreneurs get a highly distorted perception of the probability of success.

These new entrepreneurs look around and see guys/gals of comparable intelligence and think to themselves, if Jimmy can build a $500M company, I surely can build a $50M company. After all, he's not 10 times smarter than me, and I see everyone winning on every post I read.

What this assessment belies is that for every Jimmy, there are hundreds, if not thousands of other startup attempts that have acheived moderate results or outright failure.

So I welcome the author's post and ecourage more to do more self-reflection, if only to give a more balanced views as to really how hard this road is.

[cabinguy]

Specifically, I disagree with giving up.

[ajmat]

Timing is always an issue, and it's awesome that you were able to grind it out and stay solvent while the market was able to catch up. We aren't proud of 'giving up' but we stand by our convictions. Every situation is different and our decision came down to a multitude of factors. We're not applauding our unwind, but more so trying to convey a little transparency into our decision.