What is FUN and the Failure Institute? In September 2014, the Failure Institute was born as the research arm of Fuckup Nights. Given the increasing amount of documented cases on failure to which we had access, we assumed both the mission and the responsibility to share that information through studies and publications with the disruptive style that has always characterized us. Our mission is clear: We want the Failure Institute to help decision makers take better informed decisions on businesses, academia and public policies. Fuckup Nights is a global movement (200 cities, 70+ countries, 25+ different languages) where stories of failed businesses and projects are shared.
Why does the Failure Institute exist? Literature is extensive in entrepreneurship and business topics; however, the focus is centered on case studies of success. Business failure as such, has been underestimated as an object of study in several papers. This situation has created an information shortfall in databases and case studies. Our objective is to encourage the study of this subject, and understand the relevance that documenting and researching failure has.