@LynkCoGlobal your customer service in France is the worse I’ve seen so far. It’s been a month an a half since I reported a problem with the car and no repair service since then. No one calls me back despite repeated calls and emails. Is this how you consider your customers?
👀 Fast scaling has massive downsides: startups that scale more quickly fail more, but are no more likely to succeed than those that scale slower.
Why? Because scaling marks the end of experimenting. Startups that scale after lots of experiments succeed. https://t.co/MRHGIgCrDM
Paris-based Ray Studios has just raised $3m to bring a new approach to the experience of getting de-inked, using the application of “shockwave” technology. ⚡️
Will you be getting any regretted tattoos removed with Ray Studios? 👀
@timmpsmith reports. https://t.co/Rus9MfrzZd
Airbnb alumni syndicate and fund—a year in review:
▫️ 42 total investments in 2021 (33 fund, 9 syndicate)
▫️ Invested $7m ($5m fund, $2m syndicate)
▫️ A total of $8.5m invested since inception, currently valued at $50m (up 5.9x)
▫️ 2020 investments up 23x
@enekoknorr Tengo un tío monje en el Monasterio Cisterciense Santa María de las Escalonias en la provincia de Córdoba. Tienen una hospedería. Más tranquilo que allí no podría estar.
Growth teams be like...
Metrics randomly go up:
Our users really love our new features!
But metrics mysteriously drop:
- analytics bug
- seasonality
- holiday
- bug in the last release - fixed now!
- Facebook ad system hiccup
- last week's KPIs were wrong. This is right
😂
Almost 2 years ago, I published an overview of the European B2B Marketplace Landscape. Since then, the ecosystem has taken off. Here is our V2, featuring over 250 companies 💥 https://t.co/xovK8ciqx2
Nobody talks about failure in Silicon Valley, yet 90% of startups fail.
Why?
3 yrs ago, @neerajberry and I shut down @Sprig, which raised $60M from @GreylockVC + @socialcapital & grew to $20m revenue.
Then, it all fell apart.
For an honest story about failure,
**Read on**