A culture that is accepting of failure is a good thing on balance, I think, but failure does have consequences beyond the personal ones of having to dust yourse

A culture that is accepting of failure is a good thing on balance, I think, but failure does have consequences beyond the personal ones of having to dust yourself off and steel yourself to try again. A Silicon Valley company I worked for "failed" by going bankrupt as a means to wriggle out of their various debts, only to be reborn phoenix like in a new guise. Some of these debts were to banks and investors who no doubt half expect any given investment to fail, but others were to people like office fitters who were left in the hole for many thousands of dollars. I doubt that they move in circles so accepting of failure..