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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Will Non-Fossil-Fuel-Produced Electricity Rates Fall?

Many studies argue that the cost of electricity for consumers will fall as the transition to non-fossil fuels gains traction, but since 2000...