I'm lying to my friend about my job, but don't want to do that.
Long story short, I made a job switch last year, and my friend warned against that move since the company is an early stage startup. Unfortunately, what he warned happened. Funding dried, the next round didn't go well, and people were let go off. I was one among them. This happened a couple of months. My friend often calls and checks on what's happening on my end. I keep saying that work's going well. I'm not able to admit about reality, since what he warned happened. I'm kind of embarrassed. How to tackle this situation? Suggestions please.