Mike Arrington’s Secrets of Web 2.0 Success

Above, TechCrunch's Mike Arrington talks about some of his favorite websites. From his talk: The shared attributes of winners: Passion for what they're doing Doing something extraordinary Removing serious friction, making a task easier for users Great founder dynamics — team members have to get along Never raised big money, or Raised it after […]

Above, TechCrunch's Mike Arrington talks about some of his favorite websites.

From his talk:

The shared attributes of winners:

  • Passion for what they're doing
  • Doing something extraordinary
  • Removing serious friction, making a task easier for users
  • Great founder dynamics -- team members have to get along
  • Never raised big money, or Raised it after they won
  • Perfect revenue model not required

The shared attributes of losers:

  • Poor founder/Team choices
  • Lifestyle/Ego entrepreneurs
  • Raised too much money
  • Spent too much money
  • Over-business planned
  • Forgot about scaling (Friendster)