Mike Lazerow: Boards tolerate bad news, but surprises permanently destroy trust
Mike Lazerow · The 'messy' path to start-up success (with Kass & Mike Lazerow from SXSW) | Masters of Scale · Mar 21, 2025 · at 25:27
Buddy Media co-founder Mike Lazerow emphasizes the importance of radical transparency with startup boards.
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“I think we realize that people in general are okay with bad news, especially these days, right? But even then, like, they're fine with bad news. People hate surprises. So if they think things are going this way, but they're actually going this way, that just, like, ruins trust forever.”
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