These 7 tech CEOs and executives lost millions, along with the companies they helped build

Statistics show nine out of 10 startups end up failing — one of the top reasons being lack of cash. So it is no wonder when a company goes bankrupt, its founder or founders may, too. In Silicon Valley, it seems failure is a rite of passage. Medium blog posts by founders detailing why a company is folding and how it is best for the"community" have become all too common. Many failed CEOs of one startup may go on to found bigger and better companies — but some don't.

Statistics show nine out of 10 startups end up failing — one of the top reasons being lack of cash. So it is no wonder when a company goes bankrupt, its founder or founders may, too. In Silicon Valley, it seems failure is a rite of passage. Medium blog posts by founders detailing why a company is folding and how it is best for the"community" have become all too common. Many failed CEOs of one startup may go on to found bigger and better companies — but some don't.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How one CEO is trying to get space companies to talk to each other more“Most companies are in their silos,” says Jeffrey Manber, the CEO of Nanoracks. Politico was destroyed by michaelmalice last night. Oh my god. What about that fern tho? Or we could, you know, save our current ecosystem.
Source: politico - 🏆 381. / 59 Read more »