Thu.Dec 30, 2021

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My hard-earned lessons from negative exits.

Berkonomics

In my life as an early-stage investor, I’ve been closely involved with so many businesses, there were bound to be numerous stories of actual and near failures, hopefully from which to learn lessons for all of us as we go forward. The emotions we feel when “turning out the lights.”. Several times in my investing life, as the final board member making the arrangements to dispose of remaining assets, I have literally been the one to turn out the lights, carry out the documents, books and records t