Wil Schroter's Journey from Startup Success to Humiliation: Lessons Learned from Affordit
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- Wil Schroter reflects on his failed startup, Affordit, admitting he completely f—ed up.
- He secured a $1.2 million seed round from investors like Mark Suster.
- The 2007/2008 financial crisis turned investor interest into toxic relationships.
- Schroter faced emotional challenges collecting payments from struggling customers.
- After 18 months, the company was wound down, leading to his humiliation.
- He now views the failure as a minor blip in his career.
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