Tom Eisenmann (Harvard Business School) - Why Startups Fail
Entrepreneurial Thought Leaders (ETL)
00:00
Early Investors Didn't Make Money
A start a failure, in the bookth the shorthand definition is early investors did not, or never will make money. By the time you get to series d, so four big rounds of financing and a maybe we're five years or seven years in only forty % of venture capital start ups at series d still are run by a founder ceo. We have some unsuccessful, finantially unsuccessful start ups that actually contribute to society in the sense they show other ontenters what not to do,. which is important. And they train a whole qadre of managers employees to go oft and do new things, better things.
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