Rarely do we think of failure when it comes to entrepreneurship. Entrepreneurs are repeatedly taught, told and counseled to never give up, the big "pivot" will happen soon and the light is surely at the end of the tunnel. Yet, each year, thousands upon thousands of startups fail in the United States. So the question begs, when should an entrepreneur quit?
This pending law is a game-changer for the biggest risk-takers in American Capitalism: the entrepreneurs who are creating jobs by starting and growing companies and the investors who provide them with the financial resources to do so. I'm one of the winners of this bill -- but that doesn't mean I'm not attuned to the losers.