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When Innovation Fails

Edith Wilson's picture

I’ve been having some interesting conversations with some of our favorite people like Mari Kuraishi, Jim Koch and Marla Capozzi, about a topic we don’t probe much in development: what we do with an innovative project fails.

In Silicon Valley, as Mari and Marla reminded me lately, you earn your spurs trying and failing. It is almost easier to get funding if you have failed a few times. Venture capital firms assume you learned some valuable things in the process. It’s a credential. But in development? Failing with a donor’s money? Even when you said you were piloting something or trying something new? Surely you failed because you didn’t get the job done, weren’t smart enough, or ran into politics.