One of the most difficult things to do in life is to accept mistakes. Imagine the strength that an organisation need to have to accept their mistakes.
That is exactly what the below to Venture Capitalists are doing in their website. For the uninitiated, A venture capitalist, is one who is willing to fund your company or firm and take a part of your company/profit in return. This is high risk since if you put your money in the wrong venture, you might end up losing quite a lot of money instantaneously.
OVP venture partners lists big deals that they have missed in the following link. Read all about it here. The list includes amazon, starbucks etc.
Bessemere Venture Partners lists their missed deals in the following link. Read it here. The list includes ebay, google, apple, HP....
Big misses...more importantly they are brave to admit their mistakes. probably that is what makes them great.
Also this means that if an entrepreneur is not given money by a VC, that does not mean that it is a bad idea.
Thank you very much for Rajesh Shetty for these links
Do read his blog. His is definitely one of the best that I have read.
2 comments:
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