Learning from mistakes
December 13, 2005
Best post I've seen today: Ari Paparo talks about the differences between del.icio.us and Blink. Blink was Ari's startup during the bubble, which raised $13 million (!) to build an online bookmarking service, but didn't take off with users.
The only way any of us gets to be a successful entrepreneur is by learning from others' mistakes, yet a lot of business culture focuses around never admitting that errors are ever made. So kudos to Ari, not just for being brave enough to be self-critical, but for helping a lot of new aspiring entrepreneurs to succeed.
The only quibble I'd have is that Ari presents del.icio.us as having succeeded already. Josh and his team at del.icio.us have built a great app, but for as popular as they are with geeks, the hard work is to bring the concept of social bookmarking (or, if you prefer, a shared recollection tool) to a larger audience.
The best history of del.icio.us I've seen is David's post about its evolution. I'm only pointing to it so I get the old-school cred of saying "I liked it back when it was muxway."
Well known fact . . . the functional differences between version 1.0 and 2.0 (of anything) are actually pretty small but these little differences could make all the difference in the world as far as adoption, monetization, and growth. . . ie 1.0 is a... Read More