I started a list of startups that were famous once, and crashed and burned. The list was enormous. Colorful stories were all that was left from a few. Boo.com, WebTV, Startup.com, eXcite, Razorfish, WebVan.com and on and on. Based upon my book, I think most people agreed that these startups all had great ideas. Venture capital poured more money into one or two of these, than I would need in a startup lifetime. So what happened?
Idea before its time? Bad culture and leadership? Poor execution? Terrible messaging? Failed sales? Not sure.
But I would like to here stories (which you can protect the names of the innocent) that provide lessons of what to NOT do or what TO do. What is it that a startup can do to make it?