After two years of blood, sweat, and infinite photo storage, the company can no longer sustain itself and is going under.
Smart people want to try many new ideas, but a resource-constrained startup does not have the luxury to try all the cool things.
Guest Post Earlier this year, I started a new business venture with a partner. We were going to solve a major problem, travel costs for small and medium-sized companies. After investing three months of our time and about $2,000, we decided to stop actively pursuing the opportunity. The reason? Several of our core assumptions turned out to be wrong.
Udacity just reported the results of its online education experiment at San Jose State University. It’s not quite an “A,” but is a vast improvement over the very public failure in the spring.
Editor’s Pick Startup culture be damned: There is no shame in being an employee. If you don’t meet these key criteria, you might want to wait a couple years before quitting that job to be a founder.
Guest Post We pivoted three times in four years — here’s what we learned.
Flud built social news reader applications for iOS, Android, and Windows Phone. The company will close down as of August 8th 2013.
Guest Post Startups have as much to learn about success as they do from failure.
Guest Post You know that you want to quit your job and that you want to start a startup. You’ve had this desire for quite sometime now and you really must begin. But you don’t.
Guest Post Here are some of the strangest startup blunders I’ve come across, and tips to avoid similar problems in your own company.
The founder of the Ning social networking platform and MightyBell offers candid advice about failure.
When we don’t share our mistakes, no-one else can learn from them. As a result, collectively, we waste a huge amount of time, money and our sanity making the same ones again and again.
What happens if a crowdsourced project fails? Do contributors get their money back?
In an NPR interview, Kickstarter co-founder Yancey Strickler seems to suggest that has never happened … that failed projects which are unable to deliver promised goods are “a bridge that has not yet been crossed.”
Fifty-plus sites, 375 million page views a month, 4.5 million contributors, and $30 million in venture capital: Ben Huh’s Cheezburger Network has come a long ways from one little cat cartoon site, I Can Haz Cheezburger.
Guest Post Not every startup succeeds. Most persistent entrepreneurs eventually find themselves with a business that is failing or going nowhere. There’s lots of advice about starting a new business and navigating a great exit. People don’t like to talk about less successful endings. But pulling off a safe landing is at least as tricky as taking off. Even if you have to land hard and crunch the landing gear, you can still avoid hurting the passengers and crew.
Guest Post Gene Yoon has been a founder, startup executive, venture capitalist and lawyer over the last decade in Silicon Valley. His current startup, Bynamite, is attempting an idea that many have failed at before. He submitted this story to VentureBeat.
Guest Post (Editor’s note: Clate Mask is co-author of the New York Times bestseller Conquer the Chaos and CEO of Infusionsoft,. He submitted this column to VentureBeat.)
Silicon Valley celebrates its successes, but the failure rate is generally much, much higher. But what makes the Valley different than other entrepreneur-rich areas is how it deals with those failures. Randy Komisar of Kleiner Perkins, in this entrepreneur though leader lecture given at Stanford University, says that only a company that can deal with failure and still make money has any chance of succeeding. The talk’s an old one – from 2004 – but the themes still resonate today.