[dakrisht]

Sorry for your loss. At least you understand the dynamics of the company you've invested in and took some (big) bets. Loses happen, companies tank.

I would probably hold the stock. Someone might buy them out for their talent, or whatever is left of it. I'm sure you're deep in the red, might not be the best idea to cash out.

[wilfra]

I actually haven't lost money. I still have a 57% overall profit (at a price of $3.03).

It does suck though. Similar to how it probably feels to have your startup be acqhired. It's not a total loss - but it's definitely not what you were aiming for.