I was at Amzn early '00s when we lost 95% of our market cap. Later at FB I negotiated a down-round in '09, and then in '12 our stock dropped 50% post-IPO. I was on the board of a public company that went bankrupt (Borders) and a start-up that went under (Hello). Some lessons:
There is a difference between moving fast and rushing.
You can move fast and be thoughtful. When you rush, you sacrifice thoughtfulness.
Conversely, when you are thoughtful but not moving fast, you are overthinking it. Procrastination in disguise.
Don’t rush, but... See more
The good stuff is always lonely in the beginning. Nothing meaningful will get made if its potential makers all wimp out too soon, because they get scared by the sparse crowd, the empty room.