Comments on: Failing Cheaper: Good for Who? http://www.johnon.com/263/fail-cheaper.html I think there's an opinion on that subject lying around here somewhere.... Wed, 08 Feb 2012 07:03:46 +0000 http://wordpress.org/?v=2.0.7 by: IncrediBILL http://www.johnon.com/263/fail-cheaper.html#comment-8133 Thu, 15 Mar 2007 16:02:01 +0000 http://www.johnon.com/263/fail-cheaper.html#comment-8133 Having been in quite a few startups I can't say he's wrong. The obvious upside to startups failing faster is that other more qualified product ideas get a shot at reality. I've witnessed from great innovative products destroyed by bad management that had access to too much cash. The more cash that was infused into the project, the more the company just kept going in the same circles making the same mistakes. Sometimes investors need to escalate booting the top management and bring in someone more qualified to take the company to the next level yet it didn't happen. FWIW, there are still people out there bootstrapping their own projects to get past the seed round, which gives you all the time you want to innovate without pressure to perform other than the strain on your own bank account limitations. Having been in quite a few startups I can’t say he’s wrong.

The obvious upside to startups failing faster is that other more qualified product ideas get a shot at reality.

I’ve witnessed from great innovative products destroyed by bad management that had access to too much cash. The more cash that was infused into the project, the more the company just kept going in the same circles making the same mistakes.

Sometimes investors need to escalate booting the top management and bring in someone more qualified to take the company to the next level yet it didn’t happen.

FWIW, there are still people out there bootstrapping their own projects to get past the seed round, which gives you all the time you want to innovate without pressure to perform other than the strain on your own bank account limitations.

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