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Comment by webuntu | Hacker News Reader

I think you need to define "failed".

I've been working on my startup for some time. I haven't been profitable (or funded) yet, but it's far from being a "failed" venture.

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Definitely. What defines "failed" depends on the person. I've been working on mine for some time as well. Considered it "failed" after cofounder issues led to nothing getting done (no product/MVP). Ex-cofounders just enjoyed talking about building something, and had unrealistic expectations of startups (e.g. $160k+ salary, $8 mil seed rounds, etc).

I've come to believe it's a "failed" venture once I reach a point where I've exhausted all of my ability and options. I haven't reached that point because I can just learn to code to build it. I was relying too much on finding technical cofounders because I didn't consider myself technical at the time.

Quite frankly, we were wantrepreneurs. Coming to terms with myself over that really helped in moving forward.

I've been building ever since and have someone willing to pay once it's done. Best thing is - I've realized that I enjoy building :).

I guess running out of the cash allocated to keep it running for the past five years. What do you put on your resume to find work in a difficult economy? When your specialized skills are business leadership and marketing? How do you sell I'm skilled? People are still using the service, and we have a ton of their media. Every couple of days someone clicks they like us on facebook and are continuing to sign up and people return after a year without uploading media. But its not converting to profit.

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