2min chapter

Idea to Startup cover image

INTERVIEW: Tom Eisenmann (HBS) on Why Startups Fail

Idea to Startup

CHAPTER

Entrepreneurs: How to Exit Gracievly and Carefully

You can't talk to your investors about the trouble you're having honestly and openly if you're trying to raise a bridge round from them. You don't really have anybody you can talk to about what you're wrestling with. An entrepreneur who exits gracefully, thoughtfully and who can demonstrate that they've learned something from the experience is perceived as investable again. It's the less graceful exits or the people who can sort of are so defensive, they look like they blame everything on everybody else which gets stigmatized more appropriately.

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