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A comment on Beware self-funded Startups: failure can haunt you for a long time.

Re:Beware self-funded Startups: failure can haunt you for a ... by chailatte on Sunday December 05, 2010 @01:34PM (#1972256)
Take out equity loan against house, pay off your credit card. Be ready to walk away from your house if you have to.
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Re:Beware self-funded Startups: failure can haunt you for a ... by alain94040 on Sunday December 05, 2010 @01:50PM (#1972298)
Bad advice: trade a non-secured debt (credit card) by a secured one, so that indeed, you may lose your house, whereas before you weren't actually losing anything (bad credit is annoying, but doesn't force you to become homeless).
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Re:Beware self-funded Startups: failure can haunt you for a ... by chailatte on Sunday December 05, 2010 @02:12PM (#1972371)
Housing prices will fall 50% in the next year or two.
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