In Memoriam

Cheers to Failure: Confessions and Cocktails at the Startup Funeral

RIP, startups.

“I thought this was gonna be like a real funeral,” Betabeat’s date complained. Her confusion was understandable. The invitation for Friday night’s Startup Funeral–a sort of reverse launch party for failed startups–instructed us stop by the “New Work City Funeral Home.” So we were a little surprised, upon entering the dim second-story loft off Canal Street, to find a DJ spinning hip-hop as guests milled about the Chinatown coworking space in business casual–save for a veiled woman and a dude in devil’s horns.

We didn’t spot any condolence casseroles, but canapés sat on trays next to bowls of punch and pink paper lamps hung from the ceiling. On the Western window, a large screen bore the Wifi password.

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Me Three

From Wroupon to FreundeFeed: The Fast Follower Start-Ups

16 Photos

Urbanfetch (New York)

When it comes to internet startups, much is made of the entrepreneurs who first bring an idea to market—innovators or “first movers,” in the parlance of market researchers. But what about the fast followers? Here are some of the startups that have been called “copycats,” “clones,” “me-too startups” or simply “knock-offs” by various media. Remember: the first mover doesn’t always win the race: just look at the Mac, launched in 1984, versus the Windows PC, launched in 1985, or at Facebook, which came after Friendster, Myspace and the Winklevoss social network HarvardConnection. Read More