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The last day

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Re: The last day

#2
It's interesting to think about what can happen after the collapse of a startup, particularly when we tend to give so much of ourselves to the process. I think it's inherently a regenerative process, though. A company may disappear but the lessons stick with you. I'd guess it's not easier but perhaps more familiar the next go around. That's comforting.

Re: The last day

#3
Nicely written and invokes a bit of an emotional response from me. But just a bit...

And then I realize that this person (whoever s/he is, real or fictional) has suffered from the fundamental problem of all business: profit. For some reason, the IT industry as of late has dismissed profits and traditional business rules for the sake of fictional ideals like pageviews, user signups, and such. And while the latter things matter somewhat, there must be a directed line from those metrics to dollars and cents, because utility companies (electricity, Internet, water) like to be paid in dollars and cents, not promises and wishes.

Re: The last day

#4
post #2

It's interesting to think about what can happen after the collapse of a startup, particularly when we tend to give so much of ourselves to the process. I think it's inherently a regenerative process, though. A company may disappear but the lessons stick with you. I'd guess it's not easier but perhaps more familiar the next go around. That's comforting.

One lesson that can be learned is to give less of yourself to a startup until they prove their worth, and that they're worth it.

Re: The last day

#5
This story mirrors my startup experience exactly, including the moment where I had to lay off my friends, took a last long look at "our place" before turning the lights off, remembering that this was what I had sacrificed my relationship for, including the ending where I thought of nothing but the crushing mountain of personal debt. In some ways, this is the archetypical founder's nightmare, and it's happening every day in a lot of places. If you're doing a startup, this should be the one scenario that haunts you and motivates you to do better.

Re: The last day

#6
post #4
post #2

It's interesting to think about what can happen after the collapse of a startup, particularly when we tend to give so much of ourselves to the process. I think it's inherently a regenerative process, though. A company may disappear but the lessons stick with you. I'd guess it's not easier but perhaps more familiar the next go around. That's comforting.

One lesson that can be learned is to give less of yourself to a startup until they prove their worth, and that they're worth it.

I guarantee you that people who avoid working hard at their startups will never have any success that tempts them to work harder.

Re: The last day

#7

Nicely written and invokes a bit of an emotional response from me. But just a bit... And then I realize that this person (whoever s/he is, real or fictional) has suffered from the fundamental problem of all business: profit. For some reason, the IT industry as of late has dismissed profits and traditional business rules for the sake of fictional ideals like pageviews, user signups, and such. And while the latter thin…

Many technical people are uncomfortable with business because it's too organic. It would be really nice if X amount of effort guaranteed Y amount of dollars, but that's only somewhat predictable some of the time.

There's also that whole marketing thing (which I understand the need for, but will never understand the thing itself) that can drive tech people batshit.

Re: The last day

#8
post #4
post #2

It's interesting to think about what can happen after the collapse of a startup, particularly when we tend to give so much of ourselves to the process. I think it's inherently a regenerative process, though. A company may disappear but the lessons stick with you. I'd guess it's not easier but perhaps more familiar the next go around. That's comforting.

One lesson that can be learned is to give less of yourself to a startup until they prove their worth, and that they're worth it.

The argument could be made that giving as much of yourself as possible is a crucial ingredient to making the startup worth it. After all if you are holding back the product and business isn't building itself.

Of course it probably isn't healthy to make a business the center of your life, but people who do will likely have a higher chance of success in that business because they are willing to put forth a lot more effort to keep it going than someone who isn't as committed, and therefore not as concerned if the business fails.

Re: The last day

#9
I'm sorry for being negative but I must say this is pretty hard to take.

This narrative is cliche in both in form and content. It's painfully melodramatic and offers almost no insight whatsoever. Yes, major losses in any sphere of life can be poignant (in a way this text surely is not). So what? Where's the value?

Re: The last day

#10

Nicely written and invokes a bit of an emotional response from me. But just a bit... And then I realize that this person (whoever s/he is, real or fictional) has suffered from the fundamental problem of all business: profit. For some reason, the IT industry as of late has dismissed profits and traditional business rules for the sake of fictional ideals like pageviews, user signups, and such. And while the latter thin…

Profit is every bit as fictional of an ideal as a pageview or user signup. Most business activity do not take into account the externalities (corn is "profitable" but heavily subsidized by the government and most manufactured goods end up in a landfill that's not paid for by the company) that are created but not accounted for in the "Profit and Loss Statement"
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