Failure, the other 'f' word [Creative Mornings]
Post on 20-Jan-2015
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I was invited to Creative Mornings SIngapore (http://creativemornings.com/cities/sg) to give a talk about Failure. I don't mind being affiliated with the term, as I've had a number great lessons learned from what some label call failures, but I just call it taking risk. What does it mean to fail? What are some ways startups fail? What should you keep in mind to stay succesful? Tolerance for Failure = Appetite for Risk. I'm in the business of investing in risky startups, so I love to see entrepreneurs that share the same appetite.
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@vlauria
f******
Vinnie Lauria, Golden Gate Ventures
@vlauria@vlauria
@vlauria
2005
Joined live-work startup
VC funding
FAIL2007
@vlauria
FAILTake 2
6 months
User Testing
Acq’d by partner
Took off backpacking
Take 3
@vlauria
We’re all familiar with failing
@vlauria
@vlauria
What is failure?
@vlauria
@vlauria
Germans Humiliated After Winning World Cup 6.38 Seconds Behind Schedule
@vlauria
How does one fail?
@vlauria
@vlauria
@vlauria
@vlauria
@vlauria
@vlauria
@vlauria
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@vlauria
For example…
@vlauria
VS.
@vlauria
From failure comes success
@vlauria
@vlauria
1998
2001
Today
@vlauria
Appetite for Risk !=!
Tolerance for Failure
@vlauria
Hit me up - @vlauria
Thank you!
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