Welcome to The Startup Foundry.
Achieving Grandiose Failure
Paul Hontz
TSFPublished: Feb 9, 2011 10:55 pm
Eric Ries built a startup that burned through $40 million in 5 years. He had great people around him, executing the plan to a “T”. His company failed spectacularly. Why did it fail? Eric pinned it down to “shadow beliefs”. I hinted at this earlier today in my article Execution is nothing without Potential. The video is a must watch, and if you have more time check out my article.
-
π Filed Under.
Categorised in: Strategy
Get Connected:
If you like startups, join our weekly mailing list. Good startup content, no fluff.
π
Hi, I'm Paul Hontz.
I'm a YC alumn and I love startups. I created TSF to highlight companies I find interesting. You can learn more about me here.
Recent Posts:
The Story of Cruise (YC W14): How 4 people built a self driving car in 7 months.
Jul 8, 2014 2:35 pm
I Want To Write About Your Startup – Relaunching TSF
Jan 17, 2014 5:14 pm
How To Do B2B Email Sales
Nov 23, 2011 2:12 pm
Nasty Bug in iOS 5.0.1 OTA Update screws up Address Book on the iPhone 4S
Nov 10, 2011 11:56 pm
Itβs Easier to Answer to Your Code Than Your Customers
Oct 28, 2011 2:25 pm