Denny K Miu is the CEO of Gigamon Systems, a 2 year old technology company. In his extremely honest post about Why Startups Fail he takes a look at the turbulent times that he was building and leading his small business. He speaks very frankly about his potential shortcomings as a CEO.
It turns out that in a startup, it is not about making the right decision but about making the decision right. In other words, it is about the CEO truly accepting the awesome responsibility of being the ultimate “Decider” while refusing the temptation of being a dictator.
The author talks extensively about the dynamic in his startup, but I wish he focused a bit more on the lucky breaks or determination to overcome certain obstacles.