In my prior post, I outlined five legal protections for founders when getting a startup off the ground. While it is always fun and exciting to talk about the beginning of a new venture, what about the end? Let’s face it, not every startup succeeds. Not by a long shot. But no startup founder (myself included) ever wants to think about joining the dead-pool. Indeed, there is very little discussion out there on proper steps to close up shop.
However, if it is time to send out that dreaded mass email to your users, call Rackspace and cancel your server plan, and turn out the lights, remember these five tips to ensure a smooth transition to your next, more successful venture.
To read the original article: Startup fail? Five steps for closing up shop with dignity | MedCity News
