From Myspace’s Ashes, Silicon Start-ups Rise

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: IT is hardly uncommon for founders and employees of successful companies to cash in their chips and go on to start other successful companies. Perhaps the best-known example is PayPal, the Web payment service whose leaders went on to found and invest in a bunch of other companies — YouTube, LinkedIn, Yelp, Tesla — and to earn the nickname the PayPal mafia.

Source: NYTimes.com

Date: Sep 07, 2013

Link: http://www.nytimes.com/2013/09/08/technology/from-myspaces-ashes-silicon-start-ups-rise.html?ref=technology

Questions for Discussions:

  • What does this article say about entrepreneurs and their efforts to develop new ventures?
  • Why is prior success not a good indicator of future endeavors?

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