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StartingOver

One of the three would go with it if he wanted, or it were possible. But with two bailing for sure...
Thanks to everyone commenting on this, even though it is a few pages back on "new" and not on the home page. You all rock!
Yes, good to know. They kept things under the EIN until it went unpaid, then they switched to my SSN. That got my attention, of course, and I've learned a lot since then.
Millions of visitors a month, and millions of registered users (not the same set, only a fraction of the visitors in a given month are registered). Freemium model. I'll post another question next Sunday on how to monetize, as now I see that perhaps that should have been the first question. Not that we haven't worked over the issue a million times, but we haven't had fresh perspectives at all.

Getting paid? Hahaha. Not now.

It is because of my 800 credit score that the cards in my name were upped automatically. Too much of a good thing! It is now 590.

Thanks for the inspiration! Just knowing recovery is possible is half of the mental battle. I look forward to making such encouraging words myself at some point in the future.

Very true! I will wait a week and gather those thoughts for a post next Sunday.

Of course, it's not that we haven't thought of things, but how much good time do I want to throw after bad?

But how insular I have been to not think first of posting that question. Thanks!

Too late for investors I think. And it wasn't so much the wrong business per se, we didn't shift when the market did, and later we didn't give up when we should have.
Thanks for those words. :)
Banks!
Yeah. Funny thing though, in all my life I've never had a resume, always things found me. It doesn't feel like it will be that way now, but I Aldo understand that I'm having some very strong feelings at the moment. I'm not much of one to hold on to them too long though. perhaps to a fault. I'll be refreshed by new year, but want to burn through all the dark parts now and leave as much behind as I can.
Yes, particularly if you aren't the one doing the financial reports (which stopped by the way, along with bills getting paid, etc., etc).
Another lesson: you may think it is a business card (it is), but surprise! They can convert to personal (read the fine print).
Sell might be an option. One of those things where there was an offer a while back, perhaps they will take it for a song. But otherwise, how to go about it?
The answer to that can make a big difference.
Thanks! It took longer to accept the situation I'm in, than it will be to start doing new things, I hope.
Eventually, thus the StartingOver handle. :)
There is another important lesson: you can't get business loans or credit cards (the big culprit here) without personally signing for it. BUT: there is probably some point in time that changes, and you should be on top of things and cancel the original. Too late now.
I wasn't being sarcastic. It is just not an easily monitizable space.

It is $150 total, but the way credit was signed up, almost all of it is guaranteed by me. I am looking into consolidation (and partial forgiveness), that might make it entirely mine and that might just be worth it. Take full responsibility and take full action.

Beware self-funded Startups: failure can haunt you for a long time

After years of success and decline, I'm stuck with over $150k in debt when we didn't bring our expenses down as fast as our income dropped. It didn't help that not everyone on the team was exposed equitably to our debt instruments (all personally guaranteed, such is the only way in a new company). I had better credit, and even though I own a smaller part of the company, my credit lines were the...

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