{"id":10123,"date":"2019-04-12T12:06:19","date_gmt":"2019-04-12T12:06:19","guid":{"rendered":"https:\/\/www.austinshortfilm.com\/blog\/startup-failures\/"},"modified":"2019-04-12T12:06:19","modified_gmt":"2019-04-12T12:06:19","slug":"startup-failures","status":"publish","type":"post","link":"https:\/\/www.austinshortfilm.com\/tech\/startup-failures\/","title":{"rendered":"Startup Failures"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"480\" height=\"270\" src=\"\/\/www.youtube.com\/embed\/9H5k6zzNqyw\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>Most new companies fail, and the Dumb Money team is not immune to investments in failed startup companies. Today, they reminisce with the founder of one such company.<\/p>\n<p>Episode 22 \u2014 Jordan, Chris, and Dave start their day meeting with a promising new startup seeking to bring fee reimbursement insurance to the  billion-dollar club sports industry. Then, in route to lunch, Dave considers and dismisses opportunities sent to him by Chris to invest in a local premium cutting board company called Fifth and Cherry, as well as a vision-assist eyeglasses product launched by University of Dallas students.<\/p>\n<p>Over lunch at Bar Taco, the Dumb Money team meets with James Bohan-Pitt, CEO of failed real estate tech start-up HipPocket. An honest conversation ensues where they break down why the investment didn\u2019t go as expected. Their meeting proves fruitful in providing learnings that can be applied when assessing future opportunities.<\/p>\n<p>fifthandcherry.com<br \/>\nbartaco.com<\/p>\n<p>\u2014<\/p>\n<p>SUBSCRIBE: https:\/\/www.youtube.com\/dumbmoney?sub_confirmation=1<br \/>\nPlease consider subscribing to our YouTube channel. It just takes a second\u2026 and it\u2019s free! Once you\u2019ve subscribed, click the bell icon to get an alert when we post new videos. We create content every week!<\/p>\n<p>\u2014<\/p>\n<p>FOLLOW DUMB MONEY<br \/>\nInstagram: https:\/\/www.instagram.com\/DumbMoneyTV<br \/>\nFacebook: https:\/\/www.facebook.com\/DumbMoneyTV<br \/>\nTwitter: https:\/\/twitter.com\/DumbMoneyTV<br \/>\nChris Camillo: https:\/\/twitter.com\/ChrisCamillo<br \/>\nDave Hanson: https:\/\/twitter.com\/DaveHanson<\/p>\n<p>Note: Our videos contain personal opinions and are for informational and entertainment purposes only.\u00a0They are not intended as investment advice or to provide investment strategy.<\/p>\n<h3>More info on Startup Failures<\/h3>\n<div class=\"ss-local-rss\"><div class=\"rss_header\"><h2><a href=\"https:\/\/cn.bing.com\/news\/search\/?q=Startup+Failures&amp;qft=sortbydate%3D%221%22&amp;format=rss\" rel=\"nofollow\" class=\"rss_title\">Startup Failures - BingNews<\/a><br \/><span class=\"rss_description\"> Search results<\/span><\/h2><\/div><ul>\n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.bizjournals.com%2Fpittsburgh%2Finno%2Fstories%2Fnews%2F2024%2F05%2F03%2Ftech-forge-3-rivers-vernture-fair-launch.html&amp;c=2620143648399119154&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tAt 3 Rivers Venture Fair launch event, panelists discuss lessons learned from working in the industry\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Investors, startup founders and industry veterans met for the second ... Find people who have been there before. Find people who have failed and have maybe not been successful the first time around ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fforbescoachescouncil%2F2024%2F05%2F03%2Fsuccessful-versus-unsuccessful-entrepreneurs%2F&amp;c=7900192375625810479&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tSuccessful Versus Unsuccessful Entrepreneurs\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>In this brief article, I am talking about the features that differentiate between those who fail and those who persevere and achieve their goals.<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.inc.com%2Fentrepreneurs-organization%2F6-ways-businesses-can-fail-from-beginning.html&amp;c=5596224030340002105&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\t6 Ways Businesses Can Fail From the Beginning\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Dramatically increase your startup's chances for success by pairing due diligence with intentionality in your planning and focus.<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fes-us.finanzas.yahoo.com%2Fnews%2Fdropbox-figma-ceos-back-lamini-140029996.html&amp;c=127789503972472059&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tDropbox, Figma CEOs back Lamini, a startup building a generative AI platform for enterprises\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Lamini, a Palo Alto-based startup building a platform to help enterprises deploy ... the path to production is strewn with failures left and right.\" To Zhou's point, many companies have expressed ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.aei.org%2Feconomics%2Fwhy-a-startup-surge-may-good-news-for-ai%2F&amp;c=15185824788635138916&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tWhy a Startup Surge May Good News for AI\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Start-ups introduce innovative products and methods, forcing established companies to either adapt or fail. They\u2019re key drivers of job creation and provide a pathway to the middle class for ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Furilevine%2F2024%2F04%2F30%2Ffiring-and-hiring-how-leadership-decisions-impact-startup-success%2F&amp;c=12075869039035257254&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tFiring And Hiring: How Leadership Decisions Impact Startup Success\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>In a small organization, says founder of Waze, Uri Levine, it is more important to fire fast than hire right. Not making the hard decisions impacts the CEO's leadership ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.yahoo.com%2Ftech%2Fanatomy-failed-ev-startup-073000991.html&amp;c=367708288241085108&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tAnatomy of a failed EV startup\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>So I called him up to talk through why even cleantech startups with good ideas can still fail, and how, despite its failures, Zevvy contributed to efforts to expand adoption of EVs. Transportation ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.unionesarda.it%2Fen%2Fsardinia%2Fdam-failure-dry-fields-in-northern-sardinia-but-the-irrigation-season-can-start-jle6wk6u&amp;c=11855238908860234029&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tDam failure, dry fields in northern Sardinia: \u00abBut the irrigation season can start\u00bb\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>\u00abThe irrigation season will be able to start immediately and without further restrictions\u00bb. The reassurance comes from the regional councilor for Agriculture, Gianfranco Satta, and from the ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.usatoday.com%2Fstory%2Fsponsor-story%2Fbr-studio%2F2024%2F04%2F19%2Fdemocratizing-innovation-stop-failure-start-success%2F73356616007%2F&amp;c=6254083163966571059&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tDemocratizing innovation: Stop failure, start success\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Why do 95% of new products fail each year, often despite massive investments and advanced technology? From Google Glass to New Coke and Nintendo\u2019s Virtual Boy, the innovation graveyard is ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fadvice%2F3%2Fwhat-do-you-your-startup-fails-need-stay-motivated-1vmtf&amp;c=14231954966651020988&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tWhat do you do if your startup fails and you need to stay motivated and positive?\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Facing a startup failure can be a daunting experience, but it's a reality many entrepreneurs encounter. It's essential to recognize that failure is not the end but a stepping stone to future success.<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6635059138dc453496a99fceac894e85&amp;url=https%3A%2F%2Fwww.msn.com%2Fen-us%2Fsports%2Fmlb%2Fd-backs-fail-to-support-brandon-pfaadt-s-terrific-start%2Far-BB1lPfYz&amp;c=17205225944142091337&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tD-backs Fail to Support Brandon Pfaadt's Terrific Start\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>The Diamondbacks dropped the rubber match against the Chicago Cubs Wednesday afternoon, 5-3. With a tired bullpen reeling from back-to-back extra-inning games, Brandon Pfaadt stepped up with seven ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            <\/ul> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Most new companies fail, and the Dumb Money team is not immune to investments in failed startup companies. Today, they reminisce with the founder of one such company. Episode 22 \u2014 Jordan, Chris, and Dave start their day meeting with a promising new startup seeking to bring fee reimbursement insurance to the billion-dollar club sports [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10124,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[9],"tags":[4924,1194],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/www.austinshortfilm.com\/wp-content\/uploads\/2019\/04\/9H5k6zzNqyw.jpg","_links":{"self":[{"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/posts\/10123"}],"collection":[{"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/comments?post=10123"}],"version-history":[{"count":0,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/posts\/10123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/media\/10124"}],"wp:attachment":[{"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/media?parent=10123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/categories?post=10123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/tags?post=10123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}