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Why Startups Die

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Re: Why Startups Die

#61

4x founder with 2 exits. The only time conflict arose or I felt like giving up was when we weren't growing. Growth and sales can heal just about all wounds (not all, but just about all). These types of articles always seem to point out the symptoms, and not the cause. The symptom of wanting to give up is because you aren't growing fast enough The symptom of founder turmoil is because whatever strategy you're currentl…

>Growth and sales can heal just about all wounds ...

A similar thing seems to apply to marriages: If the money and sex are good, any other BS in life is easier to tolerate.

Re: Why Startups Die

#63
post #60

Earlier quoted context omitted.

Maybe, but all businesses begin as "startups." I guess getting a lot of outside financing is a big deal. Most companies that I know, don't get investors, until they are a going concern. They usually have a bank loan, to start (which can be burdensome). I used to work for a 100-year-old Japanese corporation. They absolutely refused to go into debt, or seek investors. It could be challenging, getting them to loosen the…

I guess the problem is what if your competitor does take on that debt, and uses it effectively to put you out of business. Whether the competitor survives much beyond that is immaterial if your company has already closed.

What sucks, is when one company drives another one out of business, then fails, themselves, leaving end-users in the lurch.
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