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Not Everything Works

Written by: Brad Feld

Article Overview: You hear a lot about successful companies on most VC blogs. It’s a lot easier to talk about success than it is to talk about failure.

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Not Everything Works

You hear a lot about successful companies on most VC blogs. It’s a lot easier to talk about success than it is to talk about failure.

Several weeks ago, The Enthusiast Group (a company I have an angel investment in) decided to call it a day. They are in the process of selling off their properties (such as YourRunning, YourMTB, YourCycling, YourClimbing, and YourHorseSports.) If you have any interest in them, give them a shout.

Derek Scruggs – the co-founder - has a very thoughtful interview up on ColoradoStartups describing the experience and some of the lessons that he learned.

I’m proud of Derek and his partner Steve Outing – both for their efforts in starting The Enthusiast Group as well as for having the courage to call the ball when they realized things weren’t working.

Read this post in Brad's blog.

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Home > Entrepreneur-Advice > Brad Feld > Not Everything Works
Article Tags: angel investment, blog, co founder, courage, failure, partner steve, scruggs, shout, steve outing, successful companies, vc, yourclimbing

About the Author: Brad Feld
RSS for Brad's articles - Visit Brad's website

Brad Feld is currently a Managing Director at Mobius Venture Capital and has been with the firm since 1996. Prior to Mobius, Brad founded Feld Technologies, which was sold to AmeriData Technologies in 1993, where he became Chief Technology Officer. Brad currently serves on the boards of a number of private companies, including Atreus, Comergent, ePartners, FeedBurner, Gold Systems, Judy's Book, Klocwork, NewsGator, Quova, Rally Software, and StillSecure. In addition, he is on the board of The National Center for Women & Information Technology, The Community Foundation Serving Boulder County, and The Colorado Conservation Trust. Brad has previously been a member of the board of directors of the Young Entrepreneurs Organization and founded the Boston and Colorado chapters. He holds Bachelor of Science and Master of Science degrees in Management Science from the Massachusetts Institute of Technology.

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