Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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Yesterday, Chris Poole (known as ‘moot‘, founder of 4chan) shut down his startup (which created Canvas and DrawQuest). You should go read his post: Today my startup failed. The TechCrunch post is good too, and highlights just how hard it is to get real growth in a consumer startup.

One quote stood out for me:

“Few in business will know the pain of what it means to fail as a venture-backed CEO. Not only do you fail your employees, your customers, and yourself, but you also fail your investors—partners who helped you bring your idea to life.“

Image: http://www.instigatorblog.com 

To read the original article: Founder Failure