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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

TRISTAR — Engineering its own success. An engineering services firm, TRISTAR is the first woman and minority-owned firm based in Indiana to offer the Department of Defense (DoD) technical support services. In 1998, a few years after launching, the company got a $200,000 SBA-guaranteed loan.

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Why Pioneers Have Arrows In Their Backs

Steve Blank

The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. In 1998 Goto.com , a small startup (later Overture, now part of Yahoo ! ), created the pay per click search engine and advertising system and demo’d it at the TED conference. By then it was too late. Golder and G.

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10 CEOs Who Made Huge Mistakes

Up and Running

However, one area where he fell short was in ignoring the search engine market. While Microsoft introduced MSN Search in 1998, the site purely used an existing search engine, Inktomi, to gather results. in the three years it was on sale in the US, while the UK producers went bust in 2012.

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10 Product Recommendation Techniques to Improve UX and Conversions

ConversionXL

Nowadays nearly every online shop utilizes some sort of product recommendation engine, which is no wonder, as these systems, if set up and configured properly can significantly boost revenues, CTRs, conversions, and other important metrics. What is a recommendation engine, exactly? How Recommendation Engines Benefit Sites.

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Prevailing Wisdom

Mucker Lab

1998 – “There is no room for personal productivity software startups – Microsoft will eat your lunch when you get big enough and Symantec will take the crumbs”. 1999 – “The search engine game is over”. 2005 – “Sales cycle is too long for software companies selling to government and educational sector”. (Internet).

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Finding Technical Cofounders Is Hard

rob.by

He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. He picked engineers who were technically-driven but not entrepreneurially-driven. He picked engineers who weren’t comfortable taking risks as great as he wanted to take.

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Gaming is Eating the World

VC Cafe

Popular games like the Lineage IP, released by NCSoft in 1998, has generated over $4 Billion in revenue over its lifetime, most of it driven by its mobile version. According to MarketWatch, GTA has generated over $6 Billion in total sales since its release in 2013, which makes it the top grossing entertainment title in history.

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