The media and startup community had a ball last week bashing Juicero, a company I have some familiarity with. On the face of it, they seem to have overtired, overbuilt, and overengineered a fairly simple juice business, representing the excess that can and has occurred in SV when money pours in.
Like many of you, i watched Billions this week on Showtime and was privy to one of the better take downs / straight talk moments in evaluating a startup business. The moment came when Bobby Axelrod was analyzing his wife's meetings with investors for her small 'healthcare' business, and he was being pushed to tell her why she wasn't ready for funding.
Over the last few weeks, I have had some time to reflect on my most recent experiences and more specifically, the kind of work I really like to do. In nearly every role I've played in my career, I have most enjoyed the circumstances where I was designing, building and launching something new. The process can be time consuming and nerve wracking, particularly because of the inherent second guessing and uncertainty that accompanies building something new. But, I wouldn't want it any other way.