Status Updates From Lost and Founder: A Painful...

When people work together, our performance is governed not by individual genius or singular, but through complex interplay between the members of the group. Vulnerability and transparency in sharing our conflicts and concerns about work, teammates, our personal lives yields highly successful teams. When opacity, secrecy, discomfort, and fear exist, they can overwhelm even the smartest, most talented groups.

Actual collapses that many startups suffer are often because founders don’t understand themselves and how their companies inherit these traits. If you can identify and balance (or work around) the DNA that founders pass on to their startup children, you can build on your strengths and avoid many of the journey-ending pitfalls.

More than 75 percent of early-stage technology companies fail to return their investors’ capital (nevermind make a profit), according to a Harvard Business School cohort analysis.