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Lessons from the 2008 Financial Crisis: A Founder’s Dilemma
This chapter examines the mindset of a tech founder during the 2008 financial crisis, who wrestled with panic and poor investment choices. It highlights the tension between his financial strategies, driven by a fear of collapse, and a genuine concern for the well-being of his employees. The analysis reveals how personal biases and ideological beliefs led to missed opportunities and significant losses in an already tumultuous economic landscape.