> In the UK to go bankrupt is to be painted with indelible red shame dye
Is it? Do people generally know when someone (personally, or in this case, since we're talking startups, their company) goes bankrupt?
Is it? Do people generally know when someone (personally, or in this case, since we're talking startups, their company) goes bankrupt?
EDIT: Unless you mean personal bankruptcy, which you probably don't, but while you're under the bankruptcy order (~1 year) you can't become a company director.
People in general don't keep track of other random people.
How will they know and why would they care, if we're talking about regular job postings?
That type of résumé is accepted at less prestigious consultancies/staffing agencies, but the pay is on a lower level.
This is all anecdotal but... You won't be unemployable because you ran a company and it failed. You may however be because you had "founder responsibilities" and then try to fall back into engineering roles after 5 years of running a startup.
It's a common trope in fiction: to be bankrupt, to fail in a business endeavour is to acquire shame and disgrace in society.
If the 40s is too far back, John Le Carré has used it several times as a back plot driver for characters across his books, no doubt reflecting his own experiences as a child of a fraudster and serial bankcrupt. He was writing actively into the modern era.
Obviously I'm not saying there is a literal colourfast red skin dye reserved for failed businessmen: Societal expectation is a stupid social construct, not law.