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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, 09:11
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 ad-coms 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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Help needed : Failed startup in MBA application

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