Why do scale-ups fail after Series A?
Most Series A failures are not market or product failures. In 80% of cases, companies fail because of poor management—the leadership, culture and organisation couldn't carry the weight of what growth demanded. The funding was there. The ambition was there. The organisation was not.
Goya and the founder who cannot let go.
A giant, devouring his own child. Eyes wide open. Terrified.
This isn't malice, if you ask me. No deliberate pain, or desire to destroy—but fear dressed up as control. Goya painted this on his bedroom wall: Saturn’s gaze is fixated on his son, but he doesn't appear cruel. He looks afraid of what he created, and completely unable to release it.

