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To piggy back off this, some are easily able to go out and find a job after a failed startup, but it strongly depends on your skill set and where you live. Programmers in the Bay Area - easy, founders outside the US - this could be much more difficult, I don't know. What I do know is that doing a job search in a tough market after a failed startup, with no money and bills due, can be even more draining and depressing than seeing something you were so passionate about fail. I don't want to get you down, but want to encourage you to look for the option that is best for you (the OP suggested starting another startup, if you can as well). It may be hard right now, given your emotional state, but if you are the type of person that has always been able to find creative solutions to problems (or ways to do things better) no matter what you are working on, then have confidence in yourself that you can add value by doing this in whatever you decide to do next. As far as what to do next then, start small. Look for the easiest/lowest risk way to make $1. If it's manual labor - mowing lawns, cleaning houses, whatever, then go do it. You'll rebuild your confidence in doing this, and if you believe you are a creative problem solver (most founders are), you will see new ways to do your work as you go about it. You will also figure out new ways to scale, and build a business. It won't be an easy path, but you will start to feel better about yourself almost immediately, and that's what's most important. |
I was the technical founder in the startup and finding a technical job afterward became harder. However, I did get a job in VC and then PE because of my failed experience.
May not be the same experience as coding, but the pay is outrageously good + you get to know awesome people. In the end, you broaden your network to find even more opportunites to found ventures.