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When to throw in the towel?

When to throw in the towel?

A presentation on when it might be time to give up on your startup.

Ricardo J. Méndez

October 12, 2019

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  1. • Technical Director @ Samsung NEXT • Venture investments on

    software innovation, early stage • Recovering entrepreneur • Software engineer • Privacy and open source advocate Who am I?
  2. Know what you want to achieve. 
 Keep going

    for as long as it is achievable. What are we talking about?
  3. “A startup is an organization formed to search for a

    repeatable and scalable business model.” Failure states — Steve Blank
  4. • When the market invalidates your premises. • When you

    missed your window. • When the timing is wrong. • When you are the wrong person for the job. • When you end up running the wrong kind of business. • When you have commitment issues. • When you are a zombie. When to stop searching?