Some quality reading:
The 18 Mistakes That Kill Startups
Since I'm so into Startups, the title caught my attention, but when I clicked to find the causes for startup failures, the first one on the list was a shocker: "Single Founder". In this context, they are talking about single as in No Partners, not unmarried. I was shocked because my successes have been without partners, so I guess there's hope for you lone entrepreneurs!
Check out Paul Graham's other essays on startups, here.
In 2007, two startups launched to create a better "Personal Finance" solution to be delivered over the web.
They were Wesabe, the first to launch, and Mint, which eventually was acquired by Intuit for $170,000,000. Wesabe went belly up.
Why? For some great reading, check out this blog post by the founder of Wesabe, and the CEO who was there right through the end.
It is interesting to note that the reason why Wesabe lost is the same reason why TeleMagic was successful...
For more excellent reading on the subject, written by hacker-types, click here.
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