What makes a startup fail? I’ve been collecting startup horror stories, hoping to share some lessons learned.
This week brought a story with three classic elements of a startup “tale from the crypt:” technology, money, and people. This time it was technology (with attendant uncertainty and doubt), money (lack of it), and people (the dark side: their personalities). I hesitate to tell this chilling tale because it’s not over (and may yet have a positive outcome). But hearing it may save readers from a similar fate.