Arrington’s Shared Attributes of Winners / Losers in Web 2.0
Good tips from Michael Arrington of TechCrunch on shared attributes of winners and losers in the Web 2.0 (new web technology) space.
Shared attributes of winners:
(main attribute is that they’ve won…)
- Passion for what they are doing
- Doing something extraordinary (purple cow) – if you don’t, no one else will know about it. Once all the cows are purple, you won’t notice anymore (noise in the industry).
- Remove serious friction
- Great founder dynamics
- Never raised big money, or raised it after they won
- Perfect revenue model is not required
Shared attribute of losers
- Poor founder/team choices
- Lifestyle / ego entrepreneurs
- Spent too much money
- Over business-planned
There’s more, but this is the part I found most interesting.
{ 3 comments… read them below or add one }
[...] 28. White African – Lists Techcrunch’s Michael Arrington’s opinion of the attributes that make up winners and losers. What sanctimonious arrogance and naive presumtion by Arrington. All he has assembled is a load of subjective crap. You all know full well that in my book, Failures and Losers do not exist. [...]
Hi!
Since you seem to be in the IT field & an avid blogger! There is an interesting discussion… on http://bulletsandhoney.blogspot.com/
TC!
Thanks for the heads up Vitu. What a huge firefight is blazing in the African blogosphere now!
How interesting that I finally review Newzbubble on the day that I hear of this battle between two of my favorite bloggers. Ahh, the joys of digital social interaction.
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