failed startups

to learn from failures

But we underestimated two things: the amount of product we would need to build to start repeatably winning, and how high switching costs would be for many of their customers. We didn’t have a clearly identifiable market force at our back, other than broad trends around collaboration and cloud-based solutions. Those trends helped enormously, but we... See more

Lenny Rachitsky • Tweet

sari

My Company Died—Learn From My Mistakes

Amanda Peyton every.to

sari

From @MorningBrew: "e-scooter company Bird, which became the fastest startup ever to land a $1 billion valuation, was delisted from the NYSE and is now worth $7 million. That’s less than a third of the $22 million its founder paid for a Miami mansion in 2021."

Tom Shea x.com

aandrea

something is deeply flawed

Rekt - Leaderboard

rekt.news

Jason Levin

On the importance of a focused ICP: "We allowed our ICP to fray, replaced by a focus on a competitor. In our fight to prove that we could win against Alteryx, we over-rotated on any customer that might be interested in switching or considering alternatives. While being responsive to customers sounds good, being responsive to any customer creates a... See more

Lenny Rachitsky • Tweet

sari

F'D Companies: Spectacular Dot-com Flameouts

Philip Kaplan • 2 highlights

amzn.to

Cover of F'D Companies: Spectacular Dot-com Flameouts

Jason Levin

My first company @twitch sold for a billion dollars. My second one lost $75 million in 36 months. People love talking about success, but today I'm going to talk about failure. It's time to be honest about Atrium:

Justin Kan

twitter.com

sari

The New 101

101.xyz

sari

To Let A Good Thing Die - Closing down a company

Leah Tharin open.substack.com

AAlara

No amount of Gross Margin will keep a business running once the fire is out.