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:
You don't need a new idea
You need the time and resources to stick with the last new idea long enough for it to see some results https://t.co/v7cpg7XcDL
Startup time management in three simple steps:
1. Write down your todo list
2. Trash it
3. Do the absolute most essential thing for the survival of the company
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