PERSONAL LAND-MINES DETERMINE STARTUP FAILURE

Summary from the TLDR Founders newsletter

The biggest reason startups fail isn't market timing, competition, or tech risk, it's the founder's personal life. Divorce, co-founder breakups, substance issues, or shifting priorities are consistent “land-mines” that end companies. Early-stage investing isn't just underwriting an idea. It's underwriting a human over a long, unpredictable journey. Founder durability and momentum through life's pressures may matter more than almost any other factor in startup success.