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Why “The Culture of Failure” is Imperative to Startup Communities

Both Sides of the Table

I recently wrote about the 12 tips to building successful startup communities. After a recent discussion I had with Steve Blank it made me remember that I had left off one of the most critical factors – a culture of failure. I lived in London from 1997-2005 and for 6 of those years ran my startup based out of London.

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Does a VCs Culture Really Matter? The Upfront Story

Both Sides of the Table

The biggest difference I cite is that Venture Capital often feels like an “individual sport” while startups are a “team sport.” Startups are team sports because you’re all working on the same shared objective of the company. That’s what we’re trying to do at Upfront. We took it anyways.

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Educate, Empower, Support: EO Women Entrepreneurs Are Leading the Way

Entrepreneurs' Organization

WEDO Canada’s mission is to educate, empower and support future women entrepreneurs by granting $1 million in scholarships to deserving female post-secondary students across Canada,” Milena said. “We Our goal is to help increase the number of entrepreneurial startups led by women and increase the number of women in early-stage investing.”

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“Sanzo is at its best when we serve as a bridge across cultures for both AAPI and non-AAPI.” CEO Sandro Roco on building a beverage startup, what to avoid in influencer deals, & protecting the brand.

Hunter Walk

I was working at a venture-backed apparel startup for 4 years and saw the power of building digitally-native brands through Facebook and Instagram (TikTok was still nascent). who believe in our mission of bridging cultures. As people and culture evolves, so does Sanzo’s place in it. Here are Five Questions with Sandro.

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How to Create a Healthy Local Startup and Tech Community

This is going to be BIG.

That prediction obviously turned out pretty wrong, but it did drum up a whole lot of chatter about the right ingredients for building a startup community—about New York vs Boston on the East Coast and whether cities like Austin and Seattle would ever break through. You also need to establish a culture of sharing and collegiality.

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Why Acceptance of Failure is Critical to Startup Success

Both Sides of the Table

I even prefer to fund entrepreneurs who have experience some level of set-backs in their careers or startups because I think it brings a humility to decision-making that I find healthy. In London when founders failed they were ostracized in the press and culturally I believe it became harder to raise capital.

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The Double Standard of Female CEOs Moving Fast and Breaking Things

This is going to be BIG.

In February of 2017, Susan Fowler’s description of the pervasive cultural issues at Uber, after the company’s abject failure to address her sexual harassment complaints properly, finally broke through in a way that garnered the tech community’s appropriate attention. Not in the “founder friendly” culture of tech anyway.