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Of course, we'd talk about it. If a mistake blows up we have to talk about it. The point I'm trying to get across is that you have to be willing to let your pa
by dumbfoundded 7y ago
Of course, we'd talk about it. If a mistake blows up we have to talk about it.
The point I'm trying to get across is that you have to be willing to let your partners make mistakes. Also, you have to trust that your partner is going to learn from their mistakes. I like adding a dollar amount to it because it gets you in the right mindset of focusing on important things. I think as a cofounder, it's your job to step in if you think someone's going to take the company over a cliff. Otherwise, give each other room to grow. Everyone in an early company is required to learn aka make mistakes until you stop making those mistakes.
- arcticbull 7y agoIs it fair to say if you misjudge the magnitude of an investment you have a retrospective?
- dumbfoundded 7y agoAbsolutely. We're still pretty small so we don't use formal names or structures but in essence yes.