A story of Persistence. A good story of inspiration for anyone feeling a little down.
It wasn’t until after I seriously contemplated suicide that I was ready to handle a $30 million check.
I closed the doors of my first start-up in the summer of 2001. I was
throughly broke, depressed, and feeling the burden of losing hundreds of
thousands of dollars of other people’s money. Loneliness, darkness,
hopelessness… those words don’t capture the feeling of the profound
self-doubt that sets in after a failure. Loneliness. Darkness.
Hopelessness. Those words describe the environment of depression.
Self-doubt? That shakes you to the core and starts a fracture in your
identity that makes you question if you should even exist anymore.
Then, a few short months after closing up my dreams, the planes hit
the Twin Towers. I was 23-years-old, just a year older than the late
Ilya Zhitomirskiy of Diaspora. It started a descent down to a depth I
never knew could exist. Whatever it was, it was over. I knew things
would get better. It probably would get better, but I just lost the
energy and will to try. Until that point, my life had been a series of
struggles and successes. Life was hard, but if you worked hard, if you
suffered, if you lived for your dreams, it wasn’t supposed to end this
way. There were plenty of examples of winners. People were getting
funding, going public, creating change. Was I not meant to be an
entrepreneur? Will I never get to pursue my dreams again?
I spent a week in my room with the lights off and cut off from the
world, thinking of the best way to exit this failure. Death was a good
option — and it got better by the day.
I don’t remember why I left my room. The most meaningful act I
performed on my long climb out was to leave that room. It was the best
decision I made in my life. I left that room and I got back to my job
managing a very dysfunctional Internet radio startup where I was the
cause of the dysfunction. It was a actually a positive thing that I left
that room to leave a really bad situation to go to a bad situation.
It wasn’t for several months that death no longer became an option,
but leaving that room and dealing with reality was the best antidote to a
make-belief world where life just wasn’t worth it. When I was
fantasizing about death as the panacea, the harshness of reality
actually helped — it presented me with problems that I could actually
solve.
9 years after I left that room, I would call Brad Feld to invest $30
million in my odd-ball company. Before I picked up the phone, I thought
long and hard about losing that money — every single penny of it. And I
was OK with it. Failure is an option, and a real risk. Failure and risk
something entrepreneurs understand well, and learn to manage. However,
death isn’t an option, it’s an inevitability. And before I die, I want
to take as many swings at the fence as I can.
For those of you who struggle with this, I’d encourage you to keep walking out that door everyday.
Ilya, I’m so sorry that we didn’t know. From a long line of
entrepreneurs who suffered alone and quietly under our own self-doubt, I
wish I could talk to you and tell you to bash the shit out of your own
self-doubt, or just even slink away with your tail tucked between your
legs — either way, the world would have let you take more swings at the
fences.
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