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Nick Freund - Closing a Startup

The Joe Reis Show

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Navigating the Emotional Journey of Closing a Startup

This chapter explores the challenging emotional process of shutting down a startup, including reflections on the stress, ego hits, and difficult decisions involved. It delves into personal experiences of layoffs, highlighting the emotional toll of letting go of team members and the impact on both founders and employees. The conversation also addresses the importance of supporting employees in finding new opportunities, and the anxiety and stress associated with informing stakeholders about the closure.

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