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Help needed : Failed startup in MBA application

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Help needed : Failed startup in MBA application [#permalink] New post 16 Sep 2013, 09:10
Hi,

I am a 27 year old Indian Male with a 750 GMAT and work experience of 6 years ( by Aug 2014).
I am currently running my own tech startup ( since 2012) that we are about to shut down. We have till now raised about $50k in seed funding from investors and have applied for a couple of provisional patents also in the process.
MY question is how the adcoms will look at the startup experience and also how will the shutting down be considered as during the application cycle, I would be working on the paperwork to wind down the company ( paperwork and IP issues) ? Should I apply this year or wait for next year after getting a job etc ?
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Schools: Brown University, Harvard Business School
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Re: Help needed : Failed startup in MBA application [#permalink] New post 17 Sep 2013, 00:32
Expert's post
Hey there,
You can apply this year with no worries. You may have failed in this startup, but you did try! And you got seed money, and you probably did loads of other things that will make this story interesting. Plus this story is the perfect jumping off point for your application. I don't think there is any advantage in waiting, and in fact it rather makes more sense that you do this now.
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Jon Frank
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Help needed : Failed startup in MBA application

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