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Hi, I’m Brad Feld, a managing director at the Foundry Group who lives in Boulder, Colorado. I invest in software and Internet companies around the US, run marathons and read a lot.

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Battelle on Failure

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John Battelle has an excellent post up on the Failure to Fail.  I won’t repeat it here – he states the point really well – and is a must read for any entrepreneur.  John speculates that instead of a “bubble”, we might have a “company destruction crisis.”  If you read Crichton’s Fear, Complexity, & Environmental Management in the 21st Century (that I referred to in my Lack of Critical Thinking post), you’ll recognize this theme as analogous to the dynamic of “the preservation of Yellowstone.”  Failure is a crucial part of the entrepreneurial ecosystem and new and exciting bad things happen when there’s not the right balance of it.

  • http://www.youdesignit.com Blake P

    I love failure the most whenever it is happening to a competitor.

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