@vlauria f****** Vinnie Lauria, Golden Gate Ventures
Failure, the other 'f' word [Creative Mornings]
Jan 20, 2015
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.
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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Transcript
![Page 1: Failure, the other 'f' word [Creative Mornings]](https://reader035.cupdf.com/reader035/viewer/2022062617/54bd54e04a7959d74c8b4585/html5/thumbnails/1.jpg)
@vlauria
f******
Vinnie Lauria, Golden Gate Ventures
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@vlauria@vlauria
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@vlauria
2005
Joined live-work startup
VC funding
FAIL2007
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@vlauria
FAILTake 2
6 months
User Testing
Acq’d by partner
Took off backpacking
Take 3
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@vlauria
We’re all familiar with failing
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@vlauria
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@vlauria
What is failure?
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@vlauria
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@vlauria
Germans Humiliated After Winning World Cup 6.38 Seconds Behind Schedule
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@vlauria
How does one fail?
![Page 11: Failure, the other 'f' word [Creative Mornings]](https://reader035.cupdf.com/reader035/viewer/2022062617/54bd54e04a7959d74c8b4585/html5/thumbnails/11.jpg)
@vlauria
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@vlauria
![Page 13: Failure, the other 'f' word [Creative Mornings]](https://reader035.cupdf.com/reader035/viewer/2022062617/54bd54e04a7959d74c8b4585/html5/thumbnails/13.jpg)
@vlauria
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@vlauria
![Page 15: Failure, the other 'f' word [Creative Mornings]](https://reader035.cupdf.com/reader035/viewer/2022062617/54bd54e04a7959d74c8b4585/html5/thumbnails/15.jpg)
@vlauria
![Page 16: Failure, the other 'f' word [Creative Mornings]](https://reader035.cupdf.com/reader035/viewer/2022062617/54bd54e04a7959d74c8b4585/html5/thumbnails/16.jpg)
@vlauria
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@vlauria
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@vlauria
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@vlauria
![Page 20: Failure, the other 'f' word [Creative Mornings]](https://reader035.cupdf.com/reader035/viewer/2022062617/54bd54e04a7959d74c8b4585/html5/thumbnails/20.jpg)
@vlauria
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@vlauria
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@vlauria
For example…
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@vlauria
VS.
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@vlauria
From failure comes success
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@vlauria
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@vlauria
1998
2001
Today
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@vlauria
Appetite for Risk !=!
Tolerance for Failure
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@vlauria
![Page 29: Failure, the other 'f' word [Creative Mornings]](https://reader035.cupdf.com/reader035/viewer/2022062617/54bd54e04a7959d74c8b4585/html5/thumbnails/29.jpg)
Hit me up - @vlauria
Thank you!
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