20VC: Selling Drift for $1.2BN is the Biggest Failure: What No One Tells You About Selling Your Company | Why Incumbents Are Slower & Worse Than Ever | Why the Most Valuable Companies in a World of AI Will Not Have More Than 100 People with Elias Torres
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Reflecting on Failure and Growing Forward
In this chapter, the speakers reflect on their experience with the sale of Drift, describing it as their greatest failure despite its financial success. They discuss the evolving nature of hiring and their perspective on financial security, emphasizing the importance of meaningful work over traditional measures of success. The chapter also explores the complexities of building sustainable products, the hiring process, and the emotional challenges tied to major business transitions.
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