Monday, April 25, 2011

Startups Often Succeed After Failing

One of the certainties about startups is that the initial idea fails, to be replaced by something else that does result in success.

Initial idea: Allow groups of people to band together to accomplish a goal called ThePoint
Eventually: Groupon

Initial idea: Web-based massively multiplayer online game called Game Neverending
Eventually: Flickr

Initial idea: Compare two people’s pictures and rate which one was more attractive
Eventually: Facebook

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Outcomes, Not Intent, Will Drive Antitrust Against Meta, Alphabet

As U.S. regulators examine potential antitrust actions against Alphabet (Google) and Meta (Facebook) under the Clayton and Sherman Acts, the...