Failure | Jumpstart Foundry

This evening I came across this clever video series by NY Tech Meetup on Fred Wilson’s blog (you’re subscribed, right?).
Wilson writes:

They call this series #startupstories and currently there are three videos up on the web, one about pitching your company, one about building the team, and one about failing.

This episode of Startup Stories takes a long hard look at failure — and explains why failure might just be the most important step towards success if you’re serious about creating a great startup.

Watch this and share your thoughts about failure in the comments please. Are you afraid of failure? Do you encourage it?