[banned_man]

Apparently, "as an entrepeneur you are obviously a free spirit, not the kind of person that settles well in a normal job, we would never hire people with a failed startup on their resume".

By their own logic (maybe I'm giving them too much credit, by assuming consistency) they probably wouldn't want to hire someone with a successful startup either.

[puns]

Then again, you probably wouldn't be looking for a job if your startup was a success. I agree with you though -- I think it's just a case of them not wanting someone with a high level of ambition and drive, and instead needing someone who would fill that position for the long term.