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#95 Code Cubitt: Coachability Is Critical
The Knowledge Project with Shane Parrish
Are You Afraid of Failure?
Venture capital is probably the highest risk asset class in private equity. Half of your companies are going to fail, and if you're not comfortable with that then it's probably not for you. How do you deal with it when you start to see the ship going sideways? And there's lots of tools for that. For a v c, you knaw, we can. We can advise the company, or coach them to sell the business early,. Try ng d, recover some capital, make a change at the so level on occasion - but i think it rarely turns out well. But there are things we can do to right the ship. If all else fails an the company goes under...
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