{"id":5522,"date":"2021-05-23T12:03:32","date_gmt":"2021-05-23T06:33:32","guid":{"rendered":"https:\/\/atuljha.com\/blog\/?p=5522"},"modified":"2021-05-23T12:03:32","modified_gmt":"2021-05-23T06:33:32","slug":"atrium-lessons","status":"publish","type":"post","link":"https:\/\/atuljha.com\/blog\/2021\/05\/23\/atrium-lessons\/","title":{"rendered":"Atrium, lessons"},"content":{"rendered":"\n

Justin Kan <\/a>opened up about his journey of building Atrium<\/a>, a company working on disrupting Legal Tech and helping more transparency. The company is no more; Justin returned<\/a> the rest of the money to his investors.\u00a0<\/p>\n\n\n\n

In the video post on YouTube, he mentioned things he learned after its failure. I have added some of the notes after listening to 17 minutes of his video. <\/p>\n\n\n\n

  1. Know your customer: Be obsessed with knowing who your customer is and doubling down on their pain points. <\/li>
  2. Growth: Once you raise a lot of money from VCs, you have to show growth. As a result: too many quick hirings. It can adversely impact a company’s culture.<\/li>
  3. CEO’s fault: If a company goes bonker. It is the CEO who is going to be responsible for it. <\/li>
  4. Risky journey: Startups are a risky bet for everyone. It is not for everyone. A few succeed, a million others fail about whom media never talks.<\/li>
  5. Product first: Building a product should have taken priority over sales and marketing hype. Product any day is the true differentiator. <\/li>
  6. Empathy: As a founder being empathic takes a long way instead of being a narcissistic asshole. <\/li>
  7. People leave: Once you fail, you are on your own. The same friends you shared booze will walk away in seconds.<\/li>
  8. Honest to self: You have to be honest about the purpose of starting a startup. Are you doing it because of FOMO or, you truly, believe in the journey? <\/li><\/ol>\n\n\n\n
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