Posts byWayne Mulligan

What’s the #1 reason a start-up fails? It runs out of money! And why would it run out of money? Because nobody wants the product it’s selling! For early-stage investors, this presents a bit of a conundrum: If a product doesn’t exist yet, how do you figure out if there’s demand for it? And how …

Can you imagine losing $119 billion in a single day? That might sound like an impossible amount of money to lose in any amount of time, but in the high-stakes world of startups, it really can happen in a day. And whenever there’s a “loser” in a zero-sum situation like this, there’s also a “winner.” The difference between the two? Vision.