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"Put yourself in Andrew's shoes in 2010." The startup CEO has to be a cheerleader and biggest believer. And at the same time, the biggest realist, the most aw
by andyl 14y ago
"Put yourself in Andrew's shoes in 2010."
The startup CEO has to be a cheerleader and biggest believer. And at the same time, the biggest realist, the most aware of the downside risks. There are times when you have to push the kool-aid aside.
"Nobody knows future."
History is littered with startups that didn't exit in frothy markets, then cratered. Timing is everything. Andrew's advisors should have been aware of the downside risks, should have had some experience with previous business cycles. IMHO they gave bad advice.
- dusing 14y ago"History is littered with startups that didn't exit in frothy markets, then cratered." Not very many with a $6b offer