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Maybe I need to explain what I said, I realize I came across a bit rude. I called it a failure because the emphasis in the article was completely on the sales/“
by rgj 5y ago
Maybe I need to explain what I said, I realize I came across a bit rude. I called it a failure because the emphasis in the article was completely on the sales/“exit” process and not on the product. I wouldn’t have called it a failure if the article was about how they built a cool product, how they marketed it and how much they learned while doing all that.
- breakfastduck 5y agoI still dont understand how you could class it as a failure.
- seekingcharlie 5y agoI believe they are saying that if “success” is measured by the sale, then logically, a successful sale would be one where the founder gets back everything they put in plus more. In this case, the founder didn’t - they sold at a loss.