EppsNet Archive: Startups

10 Reasons Why Failure is Good, Except When It’s Bad

11 Jul 2017 /
 Sharon Christa McAuliffe,  Gregory Jarvis, Judith A. Resnik, Francis R. (Dick) Scobee, Ronald E. McNair, Mike J. Smith, Ellison S. Onizuka. Image credit: NASA

Sharon Christa McAuliffe, Gregory Jarvis, Judith A. Resnik, Francis R. (Dick) Scobee, Ronald E. McNair, Mike J. Smith, Ellison S. Onizuka. Image credit: NASA

Once upon a time there was a startup, and the president of this startup, like a lot of people in the early part of the 21st century, celebrated failure — as a learning tool and as a precursor to success.

He encouraged employees to celebrate failures on the company Slack channel, using the hashtag #fail.

Legend has it that the president called one employee on the carpet for suggesting on the Slack channel that it doesn’t make sense to celebrate failure without factoring in the cost of failure.

That is simply a truism, is it not? Obviously the value of failure can be swamped out by the cost, e.g.,

Blew up 7 astronauts but learned that O-rings don’t function in sub-freezing temperatures. #fail

You can think of other examples yourself. You can probably also think of people and/or companies for whom failure was merely a precursor to more failure.

Working for startups is risky, but the president of this startup told all the employees that he would give them a six-month heads-up if the company were ever on track to run out of money.

Then one day, due to the failure to retain a key client, the staff was cut to around 15 people (there were close to 100 at one time) with zero notice and a one week’s severance check.

You could make a case that the “six-month” promise didn’t apply because the company didn’t actually “run out of money,” but most people felt that the spirit of the promise, if not the letter, had been violated.

Was this a failure to be celebrated? It probably depends from which side of the exit door you’re looking at it. Sometimes a pivot looks a lot like an implosion.

Was it celebrated with a #fail hashtag in the company Slack channel? I don’t know.

Lost our key client. Laid off all developers but kept the company chef. #fail

This is a fable and like all fables it has a moral: Failure is good, except when it’s bad.

Resemblance to persons or companies living or dead would be a coincidence.

Thus spoke The Programmer.


Praying for Startups

31 May 2016 /

A new Meetup group called Praying for Startups sent me the following email:

Are you involved in a startup? Are you a Christian?

Meet fellow Christians from all walks of the entrepreneurial eco-sphere, as we share and pray for our teams and the startup community, both locally and abroad.

I’d be interested to see some numbers on the correlation between prayer and startup success. I suspect there isn’t any. Also the relative efficacy of prayers to a Christian God vs. Allah, Buddha, Satan, Zeus and all other supernatural beings.


Occam Has Mislaid His Razor

18 Apr 2013 /
William of Occam

William of Occam

Silicon Valley Discriminates Against Women, Even If They’re BetterPBS NewsHour

An academic says that Silicon Valley is “not a meritocracy.”

He doesn’t offer any evidence to support that. He just looked around and noticed more men than women in the high-tech workforce.

The fact that there are more members of Group A doing X than there are members of Group B doing X is not evidence that members of Group B are being discriminated against in their efforts to do X.

In particular, he says that only 3 percent of tech firms in the Valley were founded by women, as though founding a tech firm is a fun thing that everyone should want to do.

Founding a startup is an ultra-high-risk activity that requires insane amounts of time and sacrifice. Do you want to have friends? A social life? Do you have a family? Do you want to have a family? Do you want to see them sometimes?

The fact that more men than women are founding startups is not evidence that women are being discriminated against. The simplest explanation is that women just don’t want to do it as much as men do.


ideasspotter: 75 Startup Tools and Apps

Posted by on 23 Jul 2012