> We failed to build a business because our product did not monetize, and it took too long to figure that out.
This is the one-sentence summary about why the business failed, but it's kind of a strange way of putting it.
I am dead sure that there were plenty of advisers along the way who told the company's executives that its monetization plan was weak and unlikely to succeed. But everyone assumes that they'll be the exceptional case.
"It took too long to figure that out" makes it seem like the most likely scenario wasn't staring them in the face the whole time.
This is the one-sentence summary about why the business failed, but it's kind of a strange way of putting it.
I am dead sure that there were plenty of advisers along the way who told the company's executives that its monetization plan was weak and unlikely to succeed. But everyone assumes that they'll be the exceptional case.
"It took too long to figure that out" makes it seem like the most likely scenario wasn't staring them in the face the whole time.