The co-founder and chief executive of collapsed property management start-up :Different, Mina Radhakrishnan, says she hopes the local industry recognises value in entrepreneurs’ battle scars after company failures, as she picks up the pieces and starts again with a new company.

Ms Radhakrishnan was the only founder of a failed start-up to agree to appear at last week’s The Australian Financial Review Entrepreneur Summit, where she spoke about the trauma of her Airtree Ventures-backed company crashing and burning last year, and the relative unwillingness of the local industry to embrace failure as a rite of passage.