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If you can't come clean and tell investors how and why you failed, that raises a red flag. They need to see that you learned from it and came back stronger.

Daymond John
Red Flags, Stronger, Needs
"The best advice 'Shark Tank' investors have given entrepreneurs" by Laura Woods, www.businessinsider.com. January 20, 2017.
If you can't come clean and tell investors how and why you failed, that raises a red flag. They need to see that you learned from it and came back stronger.