Calacanis, CEO and President of Mahalo, for umpteen years and admire
not only his approach to entrepreneurship, but the fact that he’s lasted
through good times and bad. I’m on his email newsletter list and admire
his writings and sound advise. He gave me an OK to re-publish a very good post on my San Antonio Startups Blog where you can read here in regards to scenario which is becoming more and more real every day.
Advise from Jason Calacanis: “What to do if your startup is about to fail (or “Don’t Stop Believing”)