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Better to fail fast, than to drag it out
Founders Fund's Singerman says learn how to adapt and move on Brian Singerman is an angel investor and a VC at Founders Fund, a San Francisco-based VC, started by former PayPal founders, Slide, Facebook, Zivity, Quantcast, and now Clickable (with the just-announced $14.5 million round raised). In this segment of "Lessons learned," Brian raises important points for entrepreneurs, specifically the virtue of failing fast. "There's nothing wrong with failing fast," Brian said. The problem is that people wait too long to realize they have a failed business model, or spread themselves too thin to ever focus on one business model, he suggested. "Pick one [business model]," he said. "If it doesn’t work. There’s nothing wrong with failing fast." Brian also says that entrepreneurs have to be willing to be flexible. "Be ... [ Read more ]
Video Length: 0
Date Found: September 23, 2008
Date Produced: August 05, 2008
View Count: 21
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