On this episode we’ll discuss startup fail, post-mortems, and where should we bet next.
Startups PostMortem – https://www.cbinsights.com/research/startup-failure-post-mortem
- Before death, most startups pivot
- The maddening race; setup meetings with VC all over again
- Learn from other people mistakes is very important
- Being raised in a culture where failure is a good learning experience, vs failing is bad and you’r now an outcast
Best ways to kill your startup – https://medium.com/swlh/best-ways-to-kill-your-startup-8604a1768a89
- Starting a startup means anxiety, fear of failure and an emotional roller coaster with too many
- No’s and not enough Yes’es
- Cut activities that don’t relate to your startup
- Chase projects that didn’t lead to progress vs revenue
- Not spending time off with family
Books related to topics above:
- Zero to One – Pieter Thiel
- The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz
Where to bet next?
Trends by a16z – https://mailchi.mp/a16z/trends-good-things-come-in-threes?e=ae2d556dd1
Goliaths vs Davids – http://www.livemint.com/Opinion/eXvxpDZxlHWm6X7unOWLrN/In-Startup-Land-Goliaths-are-for-show-Davids-are-for-doug.html
Benedict Evans Newsletter – https://www.ben-evans.com/newsletter/
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