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It's worth noting that if you do resort to pushing the company into bankruptcy, at best you'll get nothing, and at worst you'll make things even more difficult
by superdavid 16y ago
It's worth noting that if you do resort to pushing the company into bankruptcy, at best you'll get nothing, and at worst you'll make things even more difficult for the founders than they already are.
- 0x5a177 16y agoThat is my fear in pushing too hard. I actually do want the company to succeed, but I just don't have the wherewithal to give the company this free loan.
- ellyagg 16y agoExcept, you're very likely not going to get the money, so I hope the "don't have the wherewithal to give the company this free loan" is an exaggeration. You should cut your losses. This is a sunk cost for you. Use your creativity to work on furthering your ambitions and career from here. Live for the future, not the past.
- tomjen3 16y agoMake it their fear - they are still in business, so somebody is getting paid. Call them up and tell them straight out that they have a week to get the money otherwise you go after them in court, which will throw the company into banckruptcy.
- techiferous 16y ago"they are still in business, so somebody is getting paid." It's actually possible that no one is getting paid and equity and commitment are driving the ones that are left.
- tomjen3 16y agoI doubt - that, they would have to pay for rent, utilities, internet, etc. Getting paid isn't just workers, but is also the other businesses.