What about &quot;Default no progress forever.&quot;?   Let&#x27;s suppose someone is building a new airplane and has a hundred subscribers paying $10 per year for their newsletter.  Nobody is funding this person, and the business is alive forever.  Default alive or default dead?<p>It&#x27;s alive until the founder realizes he will never raise a round capable of building an airplane, and pivots and does something cheap and easy online instead.