What start-ups need is proof, not passion

I wrote this article for The Irish Times. Full story is at http://www.irishtimes.com/business/what-start-ups-need-is-proof-not-passion-1.1949565. After the dotcom bust, entrepreneurs came to realise the untested hunch was no longer adequate. In 1999, the start-up Webvan launched in the US with the intention of becoming the grocery service for online shoppers. It climbed to a multibillion dollar valuation at … Continue reading What start-ups need is proof, not passion

The bubble… (eBay, Amazon, Netscape, Webvan, Pets.com…)

Continuing from the earlier snippet about the Dot Com Collapse... this is a continuing piece from the forthcoming book. (feedback welcome) The collapse had been foreseen by a shrewd few. In early December 1996, Alan Greenspan, the Chairman of the US Federal Reserve, attended a dinner in his honor at the American Enterprise Institute. After … Continue reading The bubble… (eBay, Amazon, Netscape, Webvan, Pets.com…)