Startup & VC Jargon · Vice President level

"Fail fast"

"Fail fast" means to test ideas quickly, surface what does not work as soon as possible, and use that information to improve or change direction.

Say this instead: learn quickly from mistakes

How "Fail fast" shows up at work

A startup principle that found its way into large organizations where the cost of failure is actually quite high. Said most confidently by people who are not the ones doing the failing.

Buzzword

The whole point of this sprint is to fail fast and learn before we invest more resources.

Plain English

The whole point of this sprint is to learn quickly from mistakes before we invest more resources.

Corporate Rank: Vice President  ·  Category: Startup & VC Jargon

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