Whenever a revered entrepreneur falls from grace, we collectively gasp and ask ourselves: “How could this possibly happen?” Logically, the answer is typically pretty straightforward: they were bleeding cash, the company’s financials didn’t make sense, or you know, they were running a complete fraud. But to get to that point, the founders had to convince a whole bunch of people to fund their vision and pay thousands of dollars to attend a music festival that never took place.
The Profile: The master of failing up & the …
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Whenever a revered entrepreneur falls from grace, we collectively gasp and ask ourselves: “How could this possibly happen?” Logically, the answer is typically pretty straightforward: they were bleeding cash, the company’s financials didn’t make sense, or you know, they were running a complete fraud. But to get to that point, the founders had to convince a whole bunch of people to fund their vision and pay thousands of dollars to attend a music festival that never took place.
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