A CEO wrote this brutal memo when he realized his billion-dollar startup was failing
Jason Goldbergventurebeat.com
Saved by sari
A CEO wrote this brutal memo when he realized his billion-dollar startup was failing
Reflecting on My Failure to Build a Billion-Dollar Company
sahillavingia.com
Nobody talks about failure in Silicon Valley, yet 90% of startups fail.
Why?
3 yrs ago, @neerajberry and I shut down @Sprig, which raised $60M from @GreylockVC + @socialcapital & grew to $20m revenue.
Then, it all fell apart.
For an... See more
Gagan Biyani 🏛x.comFor the past decade, our idolatry of startups and innovation has meant the focus has been: What can we disrupt? How fast can we grow? How big can we get? How much can we raise?
Founders are taught to possess enough faith that they can build something very big very fast. This creates a pressure cooker of responsibility that distorts reality to the... See more
Founders are taught to possess enough faith that they can build something very big very fast. This creates a pressure cooker of responsibility that distorts reality to the... See more