‘What is stopping people from launching startups is not failure, but the fear of failing.’
The News Lens
Date: 2016/09/12
By: Mo Tz-pin
The National Applied Research Laboratories (NARLabs) on Sept. 10 held their second annual XFail
Photo Credit: Corbis/達志影像
Conference, inviting four Taiwanese entrepreneurs to share their experiences launching startups. The conference, however, did not aim to share keys to success, but focused instead on their past failures.
XFail encourages audiences to learn from the speakers’ failed experiences, and also lets the speakers face and reflect on their past failures by sharing them with the public.
“What is stopping people from launching startups is not failure, but the fear of failing,” said Chao Shih-lung (趙式隆), one of the founders of XFail.
Tahan Lin (林大涵), founder of startup crowdfunding platform Backer-Founder, was fired from a former company he founded because he insisted on standing by his ideas. Taiwan Venture Capital Association Secretary General Clark Su (蘇拾忠) lost more than NT$80 million (US$2.6 million) when he attempted to launch an online music streaming service and failed back in 2008. [FULL STORY]