failures
On November 8th, 2009 I participated in the closing panel at Hackers 25.
<info> Spectacular Failures and What We Learned - Brad Templeton Step up to the mic and let us know what You learned. Participants: Randy Farmer, Karl Auerbach Mother hen: Chip Morningstar</info>
These are my quick quotes on my “failures” and what I learned…
- Yahoo
- Fumbling the Future - 100M dollar business in virtual currency derailed by lawyers.
- Mixd [twitter 12 months earlier.]
- Yahoo! 360 Degrees [Social Network]
- The Sims Online - You can'just add a network to a single player game and expect it to work.
- State Software
- Invented JSON, Co-invented AJAX, but couldn't sell a new paradigm (again.) Getting tired of inventing the future and the IP ending up in a file cabinet.
- Lesson: Open the good stuff as you go!
- Communities.com
- Lesson: Three dead dot-coms do not make a healthy company.
- Lesson: There *IS* a toxic Hacker's Co-efficient. Smart People Can Talk themselves into anything. Upside - solved very herd problems - downside - software that was too big, too slow, and too complicated.
- Lesson: The Palace - Unmoderated User Generated Content == No advertising revenue
- AMiX - Too soon - eBay before the web. Carol Bartz cut the business free at the front edge of the web - WITH A DEVELOPMENT DEBT of 7M!
- Habitat/Club Caribe - The Paper that started it all for us (Chip and Randy)
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