Bootup Labs' Danny Robinson: "I made mistakes. I was wrong. Lessons Learned."

An entrepreneur's commitment and sacrifice to their business is very serious and they took a very nonchalant approach to handling this situation until the PR blew up.

Of course Danny is sorry now. I'm sure Bootup will continue to do fine with finding new startups since entrepreneurs in need of cash are always in high supply.

But competent entrepreneurs look for competent investors and the real test now is if Bootup labs is capable of getting/being either of those.

Re: Bootup Labs' Danny Robinson: "I made mistakes. I was wrong. Lessons Learned."

#6

Post by ghurlman » Thu, Apr 22, 2010, 5:05 AM UTC

lrm242 wrote: post #3

ghurlman wrote: post #2

Too little, too late.

Its never too late to stand up and admit your mistakes.

True, though the impact is somewhat tempered when only done to save your own skin.

Re: Bootup Labs' Danny Robinson: "I made mistakes. I was wrong. Lessons Learned."

#7

Post by twidlit » Thu, Apr 22, 2010, 5:06 AM UTC

He failed but he didn't fail fast. :) but the important thing is he learned a lesson and wrote about it.

Re: Bootup Labs' Danny Robinson: "I made mistakes. I was wrong. Lessons Learned."

#8

Post by apike » Thu, Apr 22, 2010, 5:15 AM UTC

lrm242 wrote: post #3

ghurlman wrote: post #2

Too little, too late.

Its never too late to stand up and admit your mistakes.

Indeed. Normally when a person or company makes a highly visible mistake they make sure it doesn't happen again. I think that Danny's defensiveness was a lot of what fueled the bad PR, since it drove expectations that this could happen again. An explicit commitment that it won't is a big improvement and exactly what was needed.

Re: Bootup Labs' Danny Robinson: "I made mistakes. I was wrong. Lessons Learned."

#9

Post by chegra84 » Thu, Apr 22, 2010, 5:24 AM UTC

Danny, Words whisper, Actions scream. In order to combat this situation, offer the cut teams tangible help. And, don't let it be something like:" If I could help in anyway!" Jesus Christ man, you already know how you could help; these guys need money. Use your connects to link them with some angel investors/ VC.

After, this am sure everyone would forgive and applaud you. And the publicity and the goodwill gained goes a long way. It is just too easy to say am sorry.

Re: Bootup Labs' Danny Robinson: "I made mistakes. I was wrong. Lessons Learned."

#10

Post by dannyrobinson » Thu, Apr 22, 2010, 5:39 AM UTC

chegra84 wrote: post #9

Danny, Words whisper, Actions scream. In order to combat this situation, offer the cut teams tangible help. And, don't let it be something like:" If I could help in anyway!" Jesus Christ man, you already know how you could help; these guys need money. Use your connects to link them with some angel investors/ VC. After, this am sure everyone would forgive and applaud you. And the publicity and the goodwill gained goes…

You're right! I will continue to work with everyone involved. Another accelerator was interested in possibly taking Status.ly in for their summer program, and I let Jamie know.