Bill Gallagher missed the right moment to sell his company while chasing a technical milestone. By the time he was ready, the opportunity had passed and he had to shut the business down instead.
The decision to wait for this technical event to happen when I hit another milestone cost me dearly, because I was at a time when the company was sexy, when the story was good, when the current circumstances lined it up to a bigger future vision. And I missed that moment, and I never got it back. We were not successful in selling that company, and we had to essentially wind it down. That's a painful, painful story, and it cost me dearly.
