TITLE

How To Kill A Great Idea?

AUTHOR(S)
Chafkin, Max
PUB. DATE
June 2007
SOURCE
Inc.;Jun2007, Vol. 29 Issue 6, p84
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the fall of the online social network, Friendster, created by Jonathan Abrams. It became the focus of a Harvard Business School case study on how not to manage a tech company. It ran out of money last year and was recapitalized at a valuation of $3 million. Abrams argues that Friendster fizzled not only because it fell victim to mismanagement, but because he embraced a system that is designed to create far more failures than successes.
ACCESSION #
25284466

 

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