There have been a lot of startups without a real product that have been propped up by the bubble of easy money over the last 5 years. But sooner or later, the debtors will come calling.
If you work at a startup, you owe it to yourself to think carefully about where your company stands - you can be sure that the executives, drunk on their own Kool-aid, won't see any problems until it's too late.
“How did you go bankrupt?”
“Two ways, gradually and then suddenly.”
There have been a lot of startups without a real product that have been propped up by the bubble of easy money over the last 5 years. But sooner or later, the debtors will come calling.
If you work at a startup, you owe it to yourself to think carefully about where your company stands - you can be sure that the executives, drunk on their own Kool-aid, won't see any problems until it's too late.