Not enough stories get told about startups that don't make it.
@jakefuentes and @brelig recently shared a bunch of hard-won and incredibly insightful lessons from their attempt at building @Cascadeio (a data logic and analysis tool). Some of my favorite takeaways:
On taking on… Show more
Not enough stories get told about startups that don't make it. @jakefuentes and @brelig recently shared a bunch of hard-won and incredibly insightful lessons from their attempt at building @Cascadeio (a data logic and analysis tool). Some of my favorite takeaways: On taking on… Show more
Reflecting on My Failure to Build a Billion-Dollar Company
sahillavingia.comMy biggest takeaway from this whole experience was that luck plays a big part in the startup journey (both good and bad). Also, shit can change fast in this startup game. Hot one day and barely holding on the next. About to sell the company, to about to be fired, to back to closing an acquisition. More than anything though I learned that if you rai... See more
Joe Fernandez • How to go from being a super hot company to lucky to get acquired in less than 24 months
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 honest story about failure,
**Read on**
In college, the author started his first startup, and it failed. Before launch, he didn't talk to customers, he fought with his cofounders a lot. He didn't know how to build working software or deal with tech debt. He read Eric Ries's Lean Startup after this experience and vowed to use it. Since the insurance CRM was geared toward tracking existing... See more