What’s it like to be part of a failing startup? Tension is high. The C.E.O. is on edge as he knows his company is about to fail. Eloquence goes out the window, and the workplace becomes a high stress, argumentative death trap. Arguments start from the stupidest things, but they all derive from lack of sleep and fear of failure. Then, the inevitable happens. I’ve been through about four bankruptcies in a row, and I can now predict when it’s time to bail months before it’s too late.
Originally posted on Quora.
Leonard Kim consults startups and writes books like