Jeremy Liew of Valley VC group Lightspeed Ventures has a good post on this blog this week called "Post mortems on two failed startups from their founders". Touches on two stories from two different startups that failed. First a list of 7 mistakes from Monitor110 (raised $20mm) and the second a top ten list from a company that did not raise money.If you are in the start-up business, then this is worth a read.
Thanks to bootload on flickr for the image
3 comments:
I like the concept of Zeropercenters..also one thought is if long tail of travel content drives increasing fragmentation..which disperses traffic and reduces monetization capabilities..so its like a fight to keep an evergrowing media network..constantly acquiring in small doses..Travel is unique in that way..one doesn't see thousands of content sites around electronics or FMCG products like Shampoos..those tend to be in many cases corporate driven..when did you last hear a casual conversation on the virtues of Colgate or Coco Cola
The learning from failures was very important - particularly the one on too much money! and confusion in leadership
Yes, very interesting reading. Sounds like a curse to have to much money thrown at a you ...
I'd disagree with ram's "Travel is unique" and "one doesn't see thousands of content sites around electronics" comments.
Travel isn't unique. I do see thousands of iPod, iPhone and computer sites: niche and mainstream retailers, news and review sites, and zero-percent forum sites. All fragmenting the traffic for electronics.
"... Thanks to bootload on flickr for the image ..."
Thanks for the credit Tim.
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