Exploring Failed Startups – A look at four emblematic failures

https://www.softhatch.com/learn/technology/Exploring-Failed-Startups?utm_source=hn

by novasaint • 9 years ago

6 4 9 years ago

Thanks a lot. What is the biggest threat for these failed startups in common?

Well, it seems that they each had leaders which the projects depended too much upon (except for maybe Google Glass). But it is always easy to blame leadership when things go wrong, and praise them when things go well. Still, I think that if there was competent executive oversight, like just one other person, then that person probably would have stepped in when things were going in the wrong direction.

chrisstpierre2• 9 years ago

As entrepreneurs the only way to learn are either through our own experience or those of others. Of course this is an interdisciplinary subject, and so other domain knowledge is perhaps most important. But how do we become better at entrepreneurship then? It is especially difficult because it is almost impossible to differentiate accounts that are true from those that are fabricated to suit some marketing purpose. We should learn from the accounts depicted here, but it really isn't enough. When we only have accurate coverage of the extremes of failures/successes, we end up with a distorted view of how things work. It would be great to see more rigorous formal studies being done more consistently, so we can take the same approach to learning that we have in other disciplines.

maykabyaroo• 9 years ago

Thanks =)

Exploring Failed Startups – A look at four emblematic failures

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