All startups start the same. Founders get excited about a problem and work towards a solution. However, few startups will end up becoming successful. This is the asymmetric nature of entrepreneurship & investing, a topic that we often talk about on this blog.
On startup ventures that fail
In order to progress, modern society should be treating ruined entrepreneurs in the same way we honor dead soldiers...For there is no such thing as a failed soldier, dead or alive — likewise, there is no such thing as a failed entrepreneur.
