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Originally Answered: What happens with a startup CEO if the company fails?

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ronniebryan1

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"I worked for Pay By Touch, a start-up that failed. It was a promising idea, and the company was around for 6 years. We raised a lot of money. And gained traction. Unfortunately, however, we didn't make it.

The team remained close, and we held a few "wakes" to celebrate the end of the company. And a lot of people showed up. Nostalgic employees read poems they wrote, sang silly songs, and passed around photo albums of more promising times at the company.

One person who did not show up to lament the failure of the company? The CEO. He had already moved on, as Founder and CEO, to his next company."
Mira Zaslove
Product Manager

Seen this on Quora, would this be a fastlane choice or a decision that could cripple you in long term goals? Just had to ask I am educating myself on good business.
 
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