What To Do If Your Startup Is About To Fail

Fri, Feb 27th, 2009

The following is reprinted with permission from Jason's List, an email newsletter published by Mahalo CEO Jason Calacanis. You can sign up to receive Jason's newsletter here.

Rock out To This While Reading: Don't Stop Believing

Forward To: Startups that are hitting the wall

A lot of CEOs with less than 12 months of capital left have been

asking me for advice about what to do, given the massive economic

turmoil we're facing. I thought I would take the time put these

various conversations into one email to help those who are "up against

it," as we say in Brooklyn.

Now, sprinting to the startup precipice is one of the most horrible

and exhilarating experiences you can have as an entrepreneur.

The exhaustion sinks in as you slam on the brakes. You dig in your

heels and watch the dirt and pebbles fly off the cliff as your left

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