"None of these problems should have been unassailable, which leads us to why NewsLabs failed as a company:
* Nathan and I had major communication problems,
* we weren’t intrinsically motivated by news and journalism,
* making a new product required changes we could not make,
* our motivation to make a successful company got destroyed by all of the above.
Overall, the most important of these are that Nathan and I had difficulty communicating in a way which would allow us save the company, and that this really drained out motivation."
Maybe you should figure this shit out before you take someone's hard earned money.
> Maybe you should figure this shit out before you take someone's hard earned money.
Unless the investors were lied to, I think they're fully responsible for what they do with their "hard earned money". Nobody forced them to hand over their money to anyone else, or prevented them from asking more questions before doing so.
Not terribly well. We had met on two occasions before, and had very much clicked on both a personal and technical level. But obviously that's not enough to survive the stressful environment that is a web startup.
Comments
I stopped reading after this...
"None of these problems should have been unassailable, which leads us to why NewsLabs failed as a company:
Overall, the most important of these are that Nathan and I had difficulty communicating in a way which would allow us save the company, and that this really drained out motivation."Maybe you should figure this shit out before you take someone's hard earned money.
> Maybe you should figure this shit out before you take someone's hard earned money.
Unless the investors were lied to, I think they're fully responsible for what they do with their "hard earned money". Nobody forced them to hand over their money to anyone else, or prevented them from asking more questions before doing so.
> Maybe you should figure this shit out before you take someone's hard earned money.
If we could have anticipated our mistakes, we wouldn't have made them.
Paul,
I'm curious. How long have you known each other before you became cofounders?
Not terribly well. We had met on two occasions before, and had very much clicked on both a personal and technical level. But obviously that's not enough to survive the stressful environment that is a web startup.