bankruptcy

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Oct 29, 2023 by Eric Ries · across every show →

Everything said about bankruptcy, oldest first

Oct 29, 2023 positive
Insight
Ries: Running out of money and declaring bankruptcy is a venture system feature
“Like, one of the genius things about it is, like, at the end of the day, you do run out of money. The thing, you're forced to declare bankruptcy, that's actually a really positive feature of the system.”
Eric Ries Oct 29, 2023 ▶ 58:10 Reflections on a movement | Eric Ries (creator of the Lean Startup methodology)
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