When should I sell or shut down my company? | WSGR Startup Basics

It can be the most emotional and difficult decision you make as a founder. You've worked so hard to get here -- but things change. Whether it's going gangbusters and purchase offers are piling up or it's spiraling downward and you're facing a shut down, preparation is key. Recognize the signs and exit gracefully. In this Startup Basics, Jason breaks it down: "When should I sell or shut down my company?"

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Special thanks to the members of the TWiST Backchannel Program!

[christopherarmstrong]

11:30 Generally speaking, you don’t need a banker
11:46 A merger is a way of saving face when they’re acquired – but you can tell who won by looking at the cap table and who got the most equity (or if equity is equal, who became CEO won).
15:30 A lot of the time, when you think things are the darkest is when they break out. You have to fight and preserve through the tough times.
18:15 $2-$5k average expense to shut a company down properly. Involve an attorney & CPA accountant to sell the equipment and liquidate everything.
21:00 Founder depression and darkness when their company fails.
22:21 Failure is the precursor to success. People fail over and over again in order to finally get to that success.

[Cinemabrains]

Completed this playlist today(All 13 clips). It worth watching and much helpful for startups like us. Big fan of you @jason

[rfpeace]

nice close J!  Perspective on Jan 1st is a good place to be...cheers and Happy New year everyone!!!  ;)

[thanoskaranatsios]

Excellent closing on perspective Jason!

[NikKotov]

Thank you for the perspective section. Eye opening!

[adiu]

Thank you for a very informative video, i'm planning on starting my own business and i'm trying to get as much information about it in order to avoid the avoidable. 

[SM-oksz]

21:12 "...the nurses the doctors fighting ebolio..." 😆