Re:Death of a startup: Spaciety post mortem
by ezl on Thursday February 09, 2012 @12:12PM
(#3571910)
Yes, I think the ladder analogy is true for all startups. This is largely written for my family and friends who aren't involved in startups.
I don't think its true that all startups are for all founders. We realized that the "right" track for this startup was "build software, get a large sales team to distribute it". That particular profile of a business didn't suit us.
In some regards your criticism is right: Founders get into a startup without necessarily knowing what paths lead to success. The most probable path to success was one we didn't feel we were good for. You might say that a really tenacious founder ought chase any thread that leads to success -- and that our unwillingness to do so is a founder deficiency.
I happen to be interested in lower variance, possibly lower EV opportunities. I don't want to roll the dice for 2 years for a chance at a big exit.
"Startup" means a lot of different things, so I think its pretty hard to identify someone as ill-suited for "startups in general". There are a thousand ways to skin a cat; pick the one that works for you and keep doing it.
I don't think its true that all startups are for all founders. We realized that the "right" track for this startup was "build software, get a large sales team to distribute it". That particular profile of a business didn't suit us.
In some regards your criticism is right: Founders get into a startup without necessarily knowing what paths lead to success. The most probable path to success was one we didn't feel we were good for. You might say that a really tenacious founder ought chase any thread that leads to success -- and that our unwillingness to do so is a founder deficiency.
I happen to be interested in lower variance, possibly lower EV opportunities. I don't want to roll the dice for 2 years for a chance at a big exit.
"Startup" means a lot of different things, so I think its pretty hard to identify someone as ill-suited for "startups in general". There are a thousand ways to skin a cat; pick the one that works for you and keep doing it.