It is often said that failing with your startup can also be a good thing because it shows at least that you have been willing to try and learned a lot. Frankly speaking, I always felt this mantra a little bit "too good to be true" and that if your venture does not work out, you are screwed.
But after following Chad (and also Paul) with their ventures (even though I don't know them personally) and I just feel like this is one example where it is true: Yes, it didn't work out, yes, a lot of money was invested and not earned back.But ultimately a lot was learned and Chad has shown his development skills and ability to ship something. The business model was not perfect, maybe the market was non-existant. But the way they have run this project and the way they are handling it now gives them more credibility than trying to hide a stagnant startup.
But after following Chad (and also Paul) with their ventures (even though I don't know them personally) and I just feel like this is one example where it is true: Yes, it didn't work out, yes, a lot of money was invested and not earned back.But ultimately a lot was learned and Chad has shown his development skills and ability to ship something. The business model was not perfect, maybe the market was non-existant. But the way they have run this project and the way they are handling it now gives them more credibility than trying to hide a stagnant startup.