How do you handle it when things don't go as planned? #shorts

Share a quick story of an investment that didn't go as planned and the key takeaway from it.

Most of the companies we invest in don't go as planned. Either things fall apart and they run out of money and the founders start fighting with each other, or they become great superstars and they become way bigger than any of us ever imagined. In general, when you're an entrepreneur, you got to have a plan, but you've also got to be ready to pivot. You got to be ready to change your model and adapt to the marketplace and change the way you think. The greatest companies We ever funded were all pivoted in the middle of their business. So that means if you're an entrepreneur, you got to have a good plan, have a North Star, what it is you're going to try to change. But at the same time, you've got to be willing to adjust. You know, if you ever play chess and you think you've got a plan and then the other person does something you did not expect that puts you on your heels and you have to adjust your whole plan. As an entrepreneur, you have to do that all the time.