this post was submitted on 17 Apr 2026
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[–] 13igTyme@piefed.social 25 points 1 day ago (2 children)

My start up didn't have a rich CEO with rich parents to save them when they fail.

Step 1: already be rich.

[–] silverneedle@lemmy.ca 1 points 1 day ago* (last edited 1 day ago)

I want to found literally anything.

Step 1: already be rich.

Now that this is settled, startups (or any company for that matter) require significant up-front capital. The gate is creating a company and not the point where a company fails. Most of the time lots of funds or not companies going to the dogs will just be liquidated instead of resuscitated.

[–] SkaveRat@discuss.tchncs.de 5 points 1 day ago

I mean... It's definitely a solid first step