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My startup failed, and this is what it feels like

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Re: My startup failed, and this is what it feels like

#191

Earlier quoted context omitted.

I am based in Sydney. I am not running what could be called a startup since my tech business has been running since 1999, but I do have a lot of experience with the the whole startup process. Is there a meetup of startup founders in Sydney?

Almost daily. All over the place. Meetup.com is flooded with them.

I am sure - I should have been more precise are there any good meetups :)

Re: My startup failed, and this is what it feels like

#192
post #85

The crazy thing is that people go through this experience and want to do it again. A failed startup leaves you burned out, emotionally wrecked, and financially crippled. Why take another ride on that roller coaster? Pride? Status? Money?

For many of us, we just can't help it - it's an innate part of us - to build something.

Re: My startup failed, and this is what it feels like

#193
I saw a common theme as I read the article. Emotion and drama everywhere. You've got to run things like a machine. Your decisions were often emotional and late. Your judgement was conflicted, clouded and indecisive. Your decisions often lacked vision, logic and common sense. Your relationships and partnerships suffered because of the interference of your emotions and lack of execution. You lacked the emotional stamina and likely still do. I appreciate your candidness, but it really says a lot about the fact that women face far more challenges when starting/running a business (many coming from their own genetic predisposition for emotional attachment to decisions).

I really did not realize that you were a women right away when reading the article, but I noticed the emotional vibe of your decisions and lack of cool headed logic almost immediately.

Hats off to you because you have more ambition and guts than I do. Sorry for being an critic and an armchair quarterback, but though I haven't been through the ringer like you and am far more risk-adverse. I can certainly identify problems a mile away.

Don't feel too bad or give up. Even Steve Jobs had many of the same flaws as you his first time around. Good luck. you'll only do better next time.

Re: My startup failed, and this is what it feels like

#194

It struck me when she glossed over how/why her two co-founders left. There's got to be a deeper story to why two "co-founders" would leave right when 1.2M is secured. She said they decided to tell me they were leaving the company without even a hint of warning - my guess is there was no agreement in the first place or a lot of unnoticed warnings. To conclude she's just too trustful is almost certainly a flawed conclu…

Hey Andrew, I actually glossed over that out of respect for the 2 guys. My purpose was not to bitch about them, and many people who will read this post in my network will know who I'm talking about. There were mistakes made on both sides, but in the end I bent over backwards to accomodate them and as soon as YC was over and they could say they were YC founders they bailed. I'm not saying its entirely their fault - I…

I couldn't help but notice this irrelevant detail.

https://news.ycombinator.com/user?id=nikkidurkin

created: 1000 days ago

Re: My startup failed, and this is what it feels like

#195
You have achieved so much at such a young age. Your whole life is ahead of you. I am 50+ and working on my first startup, with hopes that I will make it someday ! Glad you shared your story. See this link - so many stories here, some very close to home for you. (http://www.fastcompany.com/3029883/bottom-line/11-famous-ent...). Take a break, clear your head, and come up with the next big thing.

Re: My startup failed, and this is what it feels like

#196
post #47

I met Nikki while I lived at a Hacker House in Mountain View for a few weeks in January 2012, having recently moved to the Bay Area. I remember being impressed at the time by her intensity, and by the fact that she actually had a real product with real users that solved a real problem. An audible "oh no" came out of my lips when I clicked this link and realized I was reading about someone I had shared a few dinners w…

> "... but it's important to remember that it's all just a game. What's most important is that we are good too each other, and ourselves."

These things are easy to say for a very rich guy.

Re: My startup failed, and this is what it feels like

#197
Thanks for being so raw and honest about this - even the less glamorous parts. It isn't easy to talk honestly about issues like gendered expectations and approaching VC, black hat marketing, or emotional manipulation for Visa, and a lot of people would have chosen to gloss over those aspects, but it takes a lot of guts to be upfront about the darker sides of running your company.

Reading this, it confirmed an important lesson that I learned in a completely different setting (grad school). It's much, much better to do an impossible project with an excellent mentor and fantastic coworkers, than an easy project full of low hanging fruits with colleagues you can't stand.

People who were in the former condition all flourished, even if it meant pivoting to a completely different project after having invested 2 years in a dead end idea. People in the latter camp burnt out completely and almost uniformly dropped out of grad school. The few that stayed were basically running on spite the entire time.

Re: My startup failed, and this is what it feels like

#198
post #185
post #77

Earlier quoted context omitted.

I'd recommend the author substitute it with "let down", even though it doesn't as accurately describe how she likely feels.

Political correctness is bullshit. They stabbed her in the back at the worst possible moment, its called stabbed in the back because had they not lied to her about their motivations she could have gotten real co-founders and not be left out without a team at the worst possible moment. They are lucky they got the treatment that they did on this post-mortem. They deserve to get outed publicly. If not only as a service…

We don't even know the full story (& probably never will), yet you're already advocating mob justice? That's about as bad, if not worse, than the political correctness you're railing against.

Re: My startup failed, and this is what it feels like

#199
post #31

Earlier quoted context omitted.

I experienced a co-founder split not too long ago and I can definitely tell you from my personal introspection that you may need to look deeper than "it was my fault for not seeing the warning signs". It always takes two to tango and you're right to not bitch about them but then saying you were stabbed in the back is silly. Being a founder is tough, having co-founder problems is tougher, clearly understanding what yo…

Just a few points: 1. Even though I'd already spent 2 years on the startup, the first co-founder I bought on had the same equity as me. He wanted it, and I wanted someone fully committed. 2. I was off fundraising for 2 months, and my mistake was not communicating that really well with them. I wasn't a great leader at that time. However, I did notice something was off but I just thought it was post-yc depression (whic…

I was in the same situation. In my case the reason why the co-founders left wasn't told was because the reason was that they thought their partner was too naive and incompetent to work with. Not something so easy to say straight to the face. In hindsight, I think there was no wrong in feeling betrayed in my case, but at the same time the co-founders did no wrong either. We were too inexperienced to handle the situation gracefully. Break-ups can't be amicable all the time. Everyone has their side of story.

Re: My startup failed, and this is what it feels like

#200
post #196
post #47

I met Nikki while I lived at a Hacker House in Mountain View for a few weeks in January 2012, having recently moved to the Bay Area. I remember being impressed at the time by her intensity, and by the fact that she actually had a real product with real users that solved a real problem. An audible "oh no" came out of my lips when I clicked this link and realized I was reading about someone I had shared a few dinners w…

> "... but it's important to remember that it's all just a game. What's most important is that we are good too each other, and ourselves." These things are easy to say for a very rich guy.

"Every woman can be beautiful in her own way" - Random top model
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