As a venture capitalist based in the heart of Silicon Valley, Sean Jacobsohn is in the business of hunting for success. Even the most successful companies in history have commemorative objects in the Failure Museum. As it happens, there is no place more appropriate for a shrine to failure than Silicon Valley, which not only accepts but almost encourages it. When he looks at startup founders who have never tasted failure, Jacobsohn sees entrepreneurs who have never taken meaningful risks. It has stopped in New York, Washington, Hollywood and the Mall of America in Minnesota—but not Silicon Valley.

Source: Wall Street Journal July 20, 2024 13:51 UTC