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The Story of Scott’s Career

Prof G Markets

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The Rise and Fall of Red Envelope

This chapter explores the entrepreneurial journey of establishing the gift-giving platform Red Envelope and the trials that came with it, including investor conflicts and a dramatic company reorientation. It reflects on the emotional and financial struggles of facing failure, culminating in bankruptcy, and the personal tolls experienced during this challenging decade. The narrative also touches on subsequent ventures, the lessons learned from failure, and the importance of resilience and adaptability in the business landscape.

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