Wednesday 9 April 2014

A Broken Place: The Spectacular Failure Of The Startup That Was Going To Change The World

http://techcrunch.com/2013/07/12/a-new-place-for-better-place-as-bankrupt-800m-backed-electric-car-startup-sold-for-12m/
"With almost $1 billion in funding and ambitions to replace petroleum-based cars with a network of cheap electrics, Shai Agassi’s Better Place was remarkable even by the standards of world-changing startups. So was its epic failure. A 21st-century cautionary tale." A very interesting analysis about great vision, with great PR, but quite horrible execution and the opposite of the current Lean Startup ideas. Also very interesting to compare to the Tesla model with a similar vision for the far future, but a very clear and realistic Roadmap for how to get there. Read the article here

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