From: Bryan Goldberg (edited)
My group of friends didn't have a single asset when we went out to raise our angel round.
We had no money in the bank. None of us could code. Our collective work experience was the sort of crap that looks bad on a founder’s resume.
Even our pitch book was laughably clunky in its design.
But we had one asset that carried the day: we had never heard the mantra, “Failure is OK” -- probably because we never went to any Silicon Valley networking parties.
It also helped that TechCrunch barely existed back then.