Orloff: Failed founders learn more than employees at successful startups
Sasha Orloff · 20VC: Raising $150m, Meeting Yuri Milner & Revolutionising Mobile Finance with Sasha Orloff @ LendUp · Jun 17, 2016 · at 4:01
Sasha Orloff, co-founder and CEO of LendUp, explains why he prefers hiring entrepreneurs who have experienced startup failure over non-founder employees from successful companies.
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“But I think, and I see now as a CEO of a fast growing company that I like entrepreneurs, even if they failed, because you learn so much through the failing process even more so than I think just being a contributor towards the success of Or just another company. And so here it's more valuable learning experience because you're focused on whatever the most important thing is to build a company, and you've had to realize that through failure.”
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