Your idea wasn’t that good, you didn’t have the capital, or you didn’t have the experience. That’s 99% of why all businesses fail. Yet those reasons are almost never in “Why My Startup Failed” articles except as hidden subtext. The stories Silicon Valley most likes to hear about itself are stories about why outliers aren’t outliers—why anyone can move right out of college into founding the new Facebook or Google. And so when we fail, we tell ourselves stories that don’t disrupt that myth. It’s absolute heresy to suggest that real world experience often outweighs youthful energy and a degree from Stanford, but most of the “mistakes you should never make” aren’t mistakes someone with the appropriate work experience would have made.
If your startup fails and it helps you to write about it, write about it. But don’t write about it because you want to prove to the world and future investors that you’re a cool guy after all. Write about it brutally honestly. Get it out of your system. Then don’t put it online. We love you, but we’ve heard it already. Next time hire an accountant.
Brutal. But a required jolt to the failed-erpreneurs in the area today. Don't fake it till you make it, just keeping making stuff.