VP of Research & Policy, Ewing Marion Kauffman Foundation
Managing Director, D.E. Shaw and Co., L.P.
Chair, Department of Chemical Physiology, The Scripps Research Institute; Co-director, Center for Physiological Proteomics, The Scripps Research Institute
Managing director, the Foundry Group
From the event website:
“Stop being afraid of failure and start embracing it.
FailCon is a one-day conference for technology entrepreneurs, investors, developers and designers to study their own and others’ failures and prepare for success.
We all have founded, worked for or invested in startups that have failed. We’re smart, we keep up with the latest in technology trends, but sometimes just don’t go as planned. How can you predict what will work and what won’t? Well, you can’t.
But that doesn’t mean you should stop trying. It just means you should start exchanging stories of what didn’t work and how you pivoted, why you couldn’t raise money, what the wrong hires were like, and when you decided it was time to let go. Entrepreneurs need to hear that from each other: that it’s okay to fail, it doesn’t mean you’re worthless. You’re just like the rest of us, learning from our making mistakes and building something bigger next time.”