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Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:00.16,0:00:05.92,Default,,0000,0000,0000,,My own number one failure that taught me a lot must be my debute as an entrepeneur
Dialogue: 0,0:00:05.92,0:00:12.12,Default,,0000,0000,0000,,1990, in the middle of the dotcom frenzy, I began to start the company
Dialogue: 0,0:00:12.12,0:00:16.37,Default,,0000,0000,0000,,and then in august, 2002 the company filed bankruptcy
Dialogue: 0,0:00:16.37,0:00:22.10,Default,,0000,0000,0000,,as a CEO, I had invested 106 thousands euros of my own money
Dialogue: 0,0:00:22.10,0:00:24.47,Default,,0000,0000,0000,,and obviously lost all that money in the progress
Dialogue: 0,0:00:24.47,0:00:30.99,Default,,0000,0000,0000,,it was really great learning experiment to see a company's rise and then fall
Dialogue: 0,0:00:31.00,0:00:33.08,Default,,0000,0000,0000,,from craddle to grave you could say, the whole cycle
Dialogue: 0,0:00:33.08,0:00:37.01,Default,,0000,0000,0000,,and the fact that I only had to pay hundred thousands of euros for it
Dialogue: 0,0:00:37.01,0:00:39.51,Default,,0000,0000,0000,,was pretty cheap for such an valuable education
Dialogue: 0,0:00:39.54,0:00:41.89,Default,,0000,0000,0000,,it must correlate with something close to Harvard MBA
Dialogue: 0,0:00:41.89,0:00:45.49,Default,,0000,0000,0000,,this kind of an learning experience where you get to see everything
Dialogue: 0,0:00:45.49,0:00:47.45,Default,,0000,0000,0000,,the time when company goes international, when clients get abroad
Dialogue: 0,0:00:47.45,0:00:50.12,Default,,0000,0000,0000,,international investors, the whole thing
Dialogue: 0,0:00:50.12,0:00:52.71,Default,,0000,0000,0000,,it was an amazing roller coaster ride
Dialogue: 0,0:00:52.71,0:01:00.66,Default,,0000,0000,0000,,very flamboyant and showy failure, because it wasn't kept quiet either
Dialogue: 0,0:01:00.68,0:01:02.96,Default,,0000,0000,0000,,and taught in so many ways
Dialogue: 0,0:01:03.10,0:01:05.32,Default,,0000,0000,0000,,national day for failure 13.10