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Matt, Good post. Having both done a startup that didn't go big and now one that looks like it will turn into something big I thing your points are very well ma
by petenixey 19y ago
Matt,
Good post. Having both done a startup that didn't go big and now one that looks like it will turn into something big I thing your points are very well made.
As you say, history is written by the winners and about the outliers and totally glosses over the truth for the average majority (and the destructive lows of the minority).
As all of us know who've done it though, doing a business is something that's just in your blood. Most of us who do it didn't do it because we chose to, only because we had to.
I once asked Marc Hedlund a little about the failure of the startup he did before Wesabe. He said it was bad but on balance he didn't feel he came out too badly since he didn't lose his wife or go bankrupt. Enough said.
The highs are insanely high but it's worth writing about the lows too because there's a whole lot of cult around the startup scene that lures people into decisions that can be destructive.
- mattmaroon 19y agoI agree. I don't think I've really experienced the lows enough to comment on them. My past startup still returns passive income to this day, and my current one is still running and doesn't seem to be in danger of stopping any time soon.