Destin: Europe penalizes startup failure far more harshly than the US
Fred Destin · 20VC: Fred Destin @ Accel on Why Startups Fail & Founders Get Fired? · Jan 18, 2016 · at 15:06
Fred Destin, Partner at Accel, contrasts cultural attitudes toward startup failure between European and US tech ecosystems.
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“And I think very often, especially in Europe, Founders are being made to feel extremely guilty when things don't work, whereas in the US you find these attitudes very different, which is like, hey, we tried, it was a big ambitious problem, you know, turns out we can't solve it, or we're not the team to solve it, and we're going to move on, and I think that's fine.”
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