Sunk Cost Fallacy
The sunk cost fallacy, chasing bad money with good, is a frequently seen entrepreneurial behavior. It can be avoided, if one can step back and properly evaluate the opportunity.
The sunk cost fallacy, chasing bad money with good, is a frequently seen entrepreneurial behavior. It can be avoided, if one can step back and properly evaluate the opportunity.
There are many indicators that a startup may be going astray. Look for these virtual canaries the next time you venture into the startup mine-works.
The number of US startups is declining. Of those businesses that are created, fewer have long term growth and hiring prospects. Could funding challenges be the reason?
The dumbfounded series continues. This blog focuses on how some founders mistakenly think that angel investors always behave like venture capitalists.
We use the terms, equity and shares, without giving them a second thought. Startup founders would be well served to pay them more attention.
Want to find a mentor? While social media and other outlets may prove effective, don’t forget these more “traditional” sources.