Maybe one of you can answer my question, even if it's not directly linked to GazeHawk. If I found a start-up, am lucky and get some funding and it doesn't work out and the company tanks, what happens to you as a founder? Are you personally liable or any debts?
I'm asking because I guess US law is quite different from ours.
For the most part, you're not liable as long as you're properly incorporated and don't sign anything making you personally liable, unless you committed various crimes such as fraud along the way.
Corporate bank loans for early stage companies do typically require personal liability, but VCs and angels do not.
