Oyster (a Netflix for books) and Quirky (a crowdsourced invention startup) were two well-funded startups that recently called it quits.
When the news hit our team HipChat room, there were a lot of folks that claimed they really liked Oyster or thought Quirky was a cool idea, but when I asked if anyone was a customer, the answer was no.
And there's the rub. We were rooting for these startups as we're prone to do, but like my dad always says, "people's goodwill doesn't put food on the table."
Okay — he never actually said that.
But you get the idea (I think). Cool ideas don't always translate into great businesses.
BTW, e-commerce is growing quickly (and still challenging as evidenced by Oyster and Quirky). See where it's going here.
Dropbox gets no love
Casey Newton of The Verge penned a post about the case against Dropbox highlighting that the company's vision is muddled and the market for it has shifted over time (side note: Casey is an entertaining follow on Twitter: @caseynewton).
A curated mix of articles on tech, media, what's next, and recent news.
The change agent inside CVS. Helena Foulkes is helping to transform the drugstore chain into a health care giant. Fortune
You can now order Starbucks before you get to the store. Mobile order-and-pay is now in thousands of stores. TIME
Kickstarter CEO: "we don't ever want to sell or go public." Crowdfunding site Kickstarter announced it is reincorporating as a public benefit corporation. Fast Company
How to rebuild an attention span. A new long-term study of disrupted attention, multitasking, and aging shows dramatic results in improving working memory for older participants through the use of an online game. The Atlantic
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