The tech media is filled with articles gushing over startups that have attracted millions of users, raised millions of dollars, been acquired, or are on their way to surefire success.
However, the reality is still that the majority of startups fail. These failures are usually not written about unless it’s a high profile flameout from a company that was well known. It’s too bad, because it seems like there’s a lot more to learn from why a startup failed than just hearing about the latest success story.
It’s also not that common for the founders of failed startups to be public and forthcoming about what went wrong.
The latest postmortem of a failed startup comes from Steve Poland and his startup MyFavorites.
Steve goes over the big vision for MyFavorites while also being very forthcoming by sharing spreadsheets, mockups, and other artifacts from his startup journey.
As an entrepreneur, it’s the kind of blog post you never want to write, but I’d like to thank Steve for sharing it with the world.