It’s 2013.

I’m running a failing services company into the ground, binge-drinking daily, and suffering from severe anxiety and depression.

If you have ever felt like you’re drowning, keep reading:
Exec was an errand-running service. When that model started failing, we pivoted towards a cleaning service.

(side note: services are a terrible business to scale. Don’t do it unless you have no other options or just love doing that service)
I was swamped with a feeling of malaise. The first thing I thought about everyday when waking up was how the startup was failing.
It got to the point where I was sad to be awake - it became harder and harder to get out of bed and face my employees, dealing with a stagnant customer base, successful competitors etc.
On top of this, my co-founders were my brother and a childhood friend. I felt like I had let them down, which was especially painful.
As our employees slowly started to quit, my anxiety skyrocketed - my reputation was on the line after raising over $3.7 million for this company.
I felt like the curtain had been pulled back and I was exposed for the fraud that I felt like I was.

At that point, I wasn't good at dealing with difficult emotions. I ran from feelings of sorrow, guilt, sadness and anxiety my entire life.
I was binging everything from whiskey to Netflix and social media just to keep running. I knew this wasn’t sustainable and something had to be done.

These were the pivotal realizations that helped me through:
1. Therapy - like everyone else, I had dismissed seeing a therapist for years. I did not see it as a necessity. On the advice from my mom, and seeing no other options, I decided to give it a go.

It was one of the most powerful decisions I have ever made in my life.
Don’t rush the process. Talk to a few options and find the right person for you.

Therapy didn’t instantly solve all my problems, but it was so powerful to have someone that could listen and reflect my experiences.
2. Mindfulness - developing an awareness and normalizing your emotions instead of being afraid of them. Engaging in what you’re feeling in the moment allows you to process it, and acknowledge that it will pass.

This helped me deal with all kinds of difficult situations
I now had the courage to deal with things that were deeply uncomfortable for me before, such as difficult conversations, firing someone, having a tough talk with a friend etc.

Meditation was a practice that helped me train this aspect.
3. Exercise - Not only releases endorphins in the brain but it is a small actionable routine that can yield a feeling of consistency and progression.
When you’re depressed, exercise can feel like an impossible task.

Start with a walk around the block, and build slowly from there.

Set the bar as low as possible so you can build incremental improvements consistently. Don’t overwhelm yourself all at once.
4. Perspective - Under a microscope, the problems you are experiencing may seem insurmountable in the moment.
It helps to take a step back sometimes. When Exec was failing, it felt like the end of the world for me. Although it ended up not succeeding, we still managed to sell it (not close to what was promised) and everyone moved on.

(cont.)
Our employees went on to better jobs, my brother @danielkan went on to found @Cruise , a billion-dollar self driving car company.

I was free to join @ycombinator as a Partner and discovered my passion for investing and evangelizing, instead of being a founder and CEO.
Things that you think are a huge deal in one direction today may be the thing that launches you on the path that you’re ultimately supposed to be on.
You cannot run from those experiences no matter how many titles or accomplishments you hoard and try to hide behind. In your most private and intimate moments, they will always find you.

Take some comfort in knowing that you are not alone, and reach out.
Depression and anxiety is something that everyone out there experiences some of the time.

I've experienced it.

All the people who I know are successful, rich, famous, have experienced it in one way or another.
Check out my video telling the full story here - take care of yourselves!

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More from @justinkan

20 Oct
I've raised over $150,000,000 as a founder, simply by being a good storyteller.

Here's how to get VC's to throw money at you:
A big mistake founders make is thinking that the purpose of a deck is to get people to invest.

The truth is that whoever is reading your deck is likely distracted/not interested. Your job is to stand out, and make them excited.
Figure out ways to communicate things in very simple ways - it could be through simple language, numbers, clear visualization elements, or being creative in your presentation.
Read 19 tweets
14 Oct
Do you suspect that the startup you're working at is a fraud? Do you have to fire your best friend's romantic partner?

I'm starting an anonymous startup advice column for your wildest/insane startups-related stories and questions:
Dear OnlyFriends is a weekly segment where myself, @eshear, @mwseibel, and @nicolefarb give our take on what you should do next as a founder, investor, or at your 9 to 5.
This is our version of r/trueoffmychest, r/AmItheAsshole, and Blind - we'll pick the wildest ones and talk about it on my show, OnlyFriends on YouTube.
Read 4 tweets
20 Sep
Did people treat me differently after I sold @Twitch?

Absolutely.

Here's what $970,000,000 taught me about life, fake friends, and making new ones:
A common intuition about wealth and success is that it inevitably attracts a circle of predatory ‘fake friends’.

After we sold to Amazon in 2014, people saw me in a different way.
Success naturally draws people to you, and they start seeing you differently. Your status represents something to them.

Sometimes it is inspiration, but often it is opportunity.
Read 25 tweets
16 Sep
Founders spend too much time building products and not enough on good habits.

Good habits saved my life:
I spent a majority of my life battling bad habits, including an alcohol addiction for over 20 years.

I didn't know it at the time, but it was slowly killing me.
I had this idea in my head that habits, skills, and attributes developed as a child would remain permanently even through adulthood.

Looking back, this sounds ridiculous
Read 16 tweets
9 Sep
What if I told you that I felt like a failure even after selling Twitch for a billion dollars?

This is for anyone experiencing impostor syndrome:
When you're in a startup, it's easy to feel like everyone else is crushing it while you are drowning.

Comparison is a fundamental part of our human nature and it is also our greatest bane.
This is the consequence of information asymmetry.

You're always seeing examples of the good news; everyone else is only showing the positive stuff.

Meanwhile, you are observing the full range of your own experiences. Some are good, some are bad.
Read 17 tweets
4 Sep
Here's what you need to know (and avoid) when it comes to company growth:

(from a former @ycombinator partner who failed a bunch of companies and sold one for $1 billion)
Inspired by a conversation I had with my friends @mattfong_ , @jamiequint, and @eshear's iconic thread celebrating the 10 year anniversary of @Twitch
1. Don't over-rely on press as your primary distribution strategy.

There are very rare cases of companies that manage to hack the press by forcing reporters to write about them over and over again.
Read 16 tweets

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