WhiteAfrican

Where Africa and Technology Collide!

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.

2 Comments

  1. Hi!

    Since you seem to be in the IT field & an avid blogger! There is an interesting discussion… on http://bulletsandhoney.blogspot.com/

    TC!

  2. 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. 🙂

Comments are closed.

© 2019 WhiteAfrican

Theme by Anders NorenUp ↑