Startup Failure
topic on 3 shows · 3 statements across 3 episodes
A Product Market Fit Show
How I Built This
20VC
3 statements about Startup Failure, every show
O'Driscoll: Startup failures usually stem from bad ideas, not complex causes
“Failure rarely has complex idiosyncratic shit. It just failed because it was a dumb idea and it didn't work.”
Startup failure is a slow unwinding process, not an overnight event
“Failure doesn't happen between one day and the next, it happens over a long Time. And actually, you know, we talked about this, but it happens even after, like once the company is sold or shut down, it doesn't happen in a day. It happens in a very long time.”
Hoffman: Early startup failures build essential humility and objectivity
“I actually think that those kinds of failures are really good because you learn from them, and so you learn to keep a certain amount of humility, you learn to keep a certain amount of objectivity, you realize that, you know, that kind of the I am Superman kind…”