Re:Ask HN: Why did your startup fail and what did you learn?
by wiz21c on Tuesday September 18, 2018 @09:48AM
(#18015239)
>>> 2. Commitment -- everyone involved should have skin in the game
For those who don't get it, this means :
- don't expect anybody to help you more than what he already helped (i.e. past help doesn't imply future help)
- someone not as involved as you can become predatorial (for example, by requesting, after years of super nice cooperation, a share of the profits, of the intelectual property, etc.)
- someone who helps your for nothing may hide some agenda
- someone who helps you may realize that what you do together might hurt some of his othe business (and thus starts to undermine your business, not just leaving it)
For those who don't get it, this means : - don't expect anybody to help you more than what he already helped (i.e. past help doesn't imply future help) - someone not as involved as you can become predatorial (for example, by requesting, after years of super nice cooperation, a share of the profits, of the intelectual property, etc.)
- someone who helps your for nothing may hide some agenda
- someone who helps you may realize that what you do together might hurt some of his othe business (and thus starts to undermine your business, not just leaving it)