Listen "The Cold, Hard Truth About Startup Shutdowns | Dori Yona"
Episode Synopsis
What really happens when a startup shuts down? In this revealing episode of High Stakes, host Paige Soya sits down with Dori Yona, founder of SimpleClosure and seasoned entrepreneur, to unpack the complex—and often hidden—realities of shutting down a startup. After navigating the painful process of closing his own VC-backed company, Dori realized just how broken and opaque the process was, and became determined to fix it. Now, after guiding over 500 shutdowns in 2024 alone, he brings clarity to a topic most founders and investors would rather avoid. From legal minefields and IP entanglements to payroll risks and emotional tolls, Dori shares what every stakeholder needs to know about ending a startup the right way.Key Points From This Episode:How Dori’s own shutdown journey inspired the creation of SimpleClosureHidden liabilities and risks founders and VCs often missWhat happens to intellectual property, equity, and employee obligationsData from 2023–2024: which startups are shutting down, where, and whyThe surprising prevalence of founder-led shutdownsVisa challenges for international founders during closuresHow SimpleClosure streamlines the wind-down processThe role of VCs in helping founders exit cleanly and move forwardWhether you’re a founder, operator, or investor, this episode is a must-listen for understanding the realities of startup shutdowns—and how to navigate them with integrity.
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