#StartupFailure Lessons Learned: Plural of anecdote is not data.


A very UnPluggd styled postmortem of a startup’s death.
TLDR:

when you have lots of early success, it’s easy to think that success will be ongoing. This is a time where you need to be objective. If you can’t consistently close sales, if you can’t reliably predict your close rate – you have a problem.

And a very important lesson:

Plural of anecdote is not data.

Read: https://cecinestpasun.com/entries/autopsy-of-a-slow-train-wreck/

Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download Pluggd.in, the short news app for busy professionals