Learning from failures
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Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More Finnish startup Fruugo fascinates me to no end.
Finnish startup Fruugo avoids meltdown with approx. €1 million i
So it’s the end of 2009 and an appropiate time to take stock. We’re not going to bore you with a long analysis of the year. Suffice it to say that funding for startup tech companies remains tight. And when VCs are running out of LPs to go to, you really know it is. The VC model is still finding its feet in a market where exits are still not that clear. For many companies 2009 was a nightmare – especially the first half.
Lessons from 10 disappointing tech stories of 2009
How Working On Wall Street Screwed Yipit When They Tried To Laun
We spoke yesterday with Vinicius Vacanti, who worked for 4 years on Wall Street before he left to fulfill longtime ambitions of being an entrepreneur and found he'd have to spend close to three "naive" years learning before bringing his companies close to profitability. During 2-year careers at both Blackstone and the private equity fund Quadrangle, Vinicius picked up habits that were encouraged by finance culture and flaunted by his superiors, but were skills that would wing up screwing him over for a few years while he un-learned them.