They write melodramatic postmortems on Medium which fail to identify why exactly their startup failed.
Afterward, they either a) do another startup or b) join an established company, depending on how jaded they are from the experience.
Afterward, they either a) do another startup or b) join an established company, depending on how jaded they are from the experience.
* It is usually hard to talk about failures and especially if one has contributed to the failure significantly.
* It gives a counter perspective to the rosy pictures painted about startups by the media and tries to right the balance of views presented to the aspiring entrepreneurs. It helps to provide a reality check of what can really be expected and if startup is really the reader's cup of tea.
* On a personal level, it is an attempt by the founder to lay it all out and move on. So obviously there is some melodrama in it. Considering that, there are so many people in tech who suffer from depression and never talk about it, and we really have to coax some to take help, now that someone really tries to share their turmoil with the broader community, we should rather be welcoming than critical.
After all, no one is going to fail their startup, just to write a melodramatic post on Medium. ;)
I knew the full story of these startups, it was as told in the postmortem (one of which explicitly stated "we failed because of X"). Judging by some of the comments I read, some people don't want to believe the truth that's told to them. They assume they know more about the situation than the founder that lived it.