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This is an excellent lessons learned write-up in a framework that is very clear. He outlines the initial vision, key assumptions (labelled "big IFs) and then a
by skmurphy 13y ago
This is an excellent lessons learned write-up in a framework that is very clear. He outlines the initial vision, key assumptions (labelled "big IFs) and then
a sequence of five experiments with a clear definition of Hypothesis,
Audience, Acquisition, Validation, Execution, Result, Learning. The author is candid and offers a conclusion that I find very insightful:
"However, one thing I noticed after I moved back to India from the
Valley was that we often hesitate to talk about failures, and
what we learnt from them. People are much more interested in
learning from a success story. However, if you ask me, I’m more
interested in the 51 attempts of Rovio than just the one that made it
big. It’s the failure to learn that’s a failure."
- carrotleads 13y agoWell there are people who write about failures and I love to read about it. check this http://www.cbinsights.com/blog/startup-failure-post-mortem http://www.cbinsights.com/blog/startup-failure-post-mortem not to mention this list too http://www.cbinsights.com/blog/biggest-startup-failures http://www.cbinsights.com/blog/biggest-startup-failures
- arg0s 13y agoThanks for sharing this on HN, I was surprised when I suddenly saw a spike in traffic and tweets. ;) I certainly think the Valley is more open to discussing failures and what worked and what didn't. In my experience, it's been hard to have honest, clear discussions in India with other entrepreneurs about challenges being faced and what people are doing to address them. There's just a lot of noise in the startup ecosystem. That said, all this is maturing, and I'm sure it'll get better soon.