My sister-in-law is due for some very specialized heart surgery. She has to travel from Hawaii to Los Angeles for the procedure. For several weeks she was emailing the surgeon’s office, trying to confirm the day and time of her procedure, pre-op appointments, preparatory instructions and the like. Irritatingly, the surgeon’s office never replied. Finally, [...]
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I like the following line in “Love Minus Zero/No Limit,” by Bob Dylan. She knows there’s no success like failure. And that failure’s no success at all. Here’s a good look through the window of things going wrong or, at the very least, not as planned. I happened upon it yesterday morning while drinking my [...]
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I’m sure almost everyone is familiar with the story that Thomas Edison discovered 99 ways to NOT make a light bulb. That’s 99 no to reach 1 yes. The point here is that a negative result, proving something didn’t work or was not so, is just as valuable as a positive result. Sadly, scientific research [...]
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Interesting piece on The NY Times‘ tech blogs today, Web 2.0 meets Darwin, pointing out, unfortunately, that what goes up (some Web 2.0 ventures) can also go down. Watching the stock market this morning has been like attending a bungee jumpers convention. (“Does his cord look like it’s a little frayed?”) Meanwhile, it doesn’t matter [...]
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People used to say you couldn’t be too thin or too rich, and I think we know now that both points are sometimes wrong. Too thin isn’t my problem, so let that one go; but too rich is a problem for some startups. Not when too rich refers to your own money, perhaps, but with [...]
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At the Princeton business plan contest earlier this month, David Johnson, advisor to VCs and a VC fundraiser, was asked whether being involved in a failed effort would rule out an entrepreneur from future funding. His answer: “Failure is not a problem. It’s a good thing to know what that feels like.” At a venture [...]
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