Anonymous Tumblr Chronicles Life After the VC Rocket Crashes

Nitasha Tiku · 06/25/13 12:52PM

Earlier today an anonymous founder created a Tumblr called My Startup Has 30 Days to Live, chronicling the advice from investors that left him unable to make payroll. How does a once profitable and bootstrapped company morph into the startup walking dead? By following the contemporary formula for startup riches: boosterish article in the tech press, join a top accelerator, give good deck on Demo Day, cash the VCs checks, crush it . . . you're the next Dropbox.