[Ryel]

Finding a full-time job would probably raise flags to any co-founders, partners, employees, investors, etc...

If I were you I would start applying asap and try to focus on landing contract work(3-6 months) with some "fun" startups. All of your associates should understand that you are, or will be, strapped for cash and wont be demoralized too badly as long as they see your new transition as temporary.

Also it could be a great motivational booster for you to get back to your own project.

Good luck!

[throwaway1982]

Oh, all the co-founders are in the same boat...everyone knows it's sinking :-)

I've heard contract work takes longer to land than full-time, so I'm leaning towards the latter...any advice on quickly finding contract work?

[Ryel]

I've just recently come across www.gun.io

That might be a good place to start