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by dkersten 4649 days ago
As a Western Europe counter-example, I recently lived through a startup failure and and our creditors are also being extremely supportive, both in the liquidation process and in our next ventures.
1 comments

That's savvy b/c it's likely. The team, idea and execution can all be in tune but there's still that darn uncertainty of popularity.

Hope the team's still motivated to carry on; good teams are hard to come by.

(VC's are almost obsolete, unless they have mucho value-add: http://wefunder.com/)