Why Companies Fail | MOONSHOTS
AI Summary
- Being too early in a business venture is akin to being wrong, and often worse.
- The speaker reflects on a previous startup experience before Uber, acknowledging that being ahead of the curve led to significant hardships.
- Key challenges included:
- Four years without a salary.
- Personal sacrifices, illustrated by wearing socks that read “blood, sweat, and ramen.”
- The intense grind of pursuing an early idea can be devastating, particularly if the concept is flawed.