Remove 2000 Remove Lead Investor Remove Naming Remove Reputation
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You Think You Screwed Up? Have I Got a Story for You!

Babbling VC

Without naming the name of the companies, I clearly made two investments convinced of the product and that people would love it. This was absolutely catastrophic to the business as new investors were swayed by an insider (a reputable one at that) not going along with the investment. Therefore there was a ton of VC's.

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Out of the Crisis #7, Brian Chesky Part 1: running Airbnb in crisis mode, being multi-stakeholder, and re-founding the company

Startup Lessons Learned

Eric Ries : An indelible part of your reputation and this is laying the foundation for whatever the future of this company is going to be. And the crisis has made extremely clear who was serious about that and who just thought it would be a fun thing to help improve management's power over their investors or whatever other reason they had.