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Founded by Rich Bendis

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I recently wrote about the 12 tips to building successful startup communities. After a recent discussion I had with Steve Blank it made me remember that I had left off one of the most critical factors – a culture of failure.

I remember this lesson well. I lived in London from 1997-2005 and for 6 of those years ran my startup based out of London. At this time I can tell you that the Brits definitely didn’t have a culture of failure. If your startup went belly-up (the Brits have a much more crude slang term for it) there wasn’t likely somebody lined up to fund your next attempt at a startup.

To read the full, original article click on this link: Why “The Culture of Failure” is Imperative to Startup Communities