When I read posts like this, the full acceptance of failure by US entrepreneurs, startups & business, I lament this positive trait isn't acknowledged in my country.
Same here. He's rightfully going to be treated as an experienced individual, whereas in my country you'd have an "I'm a failure" sign tattooed on your forehead by now, with nobody willing to do business with you again. This is what makes SV great.
Had a really interesting discussion group yesterday with the CEO (several billion a year revenue company) about the difference in attitude to planning and fear of failure in the English-speaking world versus Germany.
In English, if I want to get two things done, I aim for 5, hit three, and happily fail humiliatingly on my other two goals. In Germany, 'a plan is a promise', and anything you publically disclose absolutely must be completed.
When I read posts like this, the full acceptance of failure by US entrepreneurs, startups & business, I lament this positive trait isn't acknowledged in my country.