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Escalating Commitment to a Losing Strategy — Why Founders Refuse to Quit

Andy Budd

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As a startup founder, shutting down your business will be one of the hardest decisions you’ll ever have to make. However sometimes it’s also the smartest option. Especially if you’re able to close things down gracefully, give folks a good severance package and potentially return some unused funds to investors; not to mention gaining back some valuable time…

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Andy Budd

Design Founder, speaker, start-up advisor & coach. @Seedcamp Venture Partner. Formerly @Clearleft @LDConf & @UXLondon . Trainee Pilot. Ex shark-wrangler.