Failure serves as our greatest teacher, offering invaluable lessons that can lead to building a better company. While some failures are massive in scope, others may be smaller and less catastrophic, yet each provides critical insights. The Jawbone story stands out as one of the most significant failure narratives, rich with lessons that can be applied to future endeavors. Here's my latest substack.... https://lnkd.in/gp5-dgv9
Completely agree.
I would also add: make sure your founder IP agreements, shareholder agreements, and IT controls are in place for potential breakups. Somethings, things simply drift apart; other times, things go terribly wrong and vindictive and resentful relationships end up with destruction of core corporate assets and little recourse.