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by grantlmiller 1684 days ago
Honestly it depends. I've helped a two companies I've angel invested in wind down, it isn't fun and a lot of other investors walk away. As a founder you have a good amount of your reputation wrapped up in this company, so how you exit is how you'll be remembered. If you're the CEO, you should probably to stay on to wind it down, make sure you leave some cash to close out bills (lawyers etc). If you have revenue and a decent team you might be able to "soft land" it to a bigger co for about the amount of $ that you raised (in new co stock for investors) and retention packages for the team.

If you're not the CEO, you have less responsibility to stay (but might reduce the value in a soft landing), very situation specific. From your quick description of what you might do and what you've liked doing, you'll be a great resource to any team... but if you're technical and like spending time with customers you'll be VERY valuable to a technical company (on either the business or engineering side honestly).

If you are looking, would love for you to consider Replicated. We're 100% remote, deeply technical, recently raised a Series C and have lots of openings for technical folks: https://www.replicated.com/careers (and since our customers are other enterprise software companies, your experience is likely valuable). Feel free to email me directly: grant at replicated (same invite for other HN folks if this sounds interesting).