article thumbnail

Case Study: Rapid iteration with hardware

Startup Lessons Learned

On the other extreme, modern web-based applications face almost no technical risk, and are governed by high market uncertainty. Eric) In a bar in Amsterdam in 2005, my two cofounders and I came to the sad conclusion that startup we tried to built for two years was doomed. What follows are solely his opinions. The results were amazing.

article thumbnail

52 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

I started a career in real estate in 2008 (when the market was crashing). Already a half-a-billion dollar industry in Asia, it’s still fairly new to the U.S. But I didn’t start immediately; I didn’t know optics well, and I assumed that if there was to be a technical solution it would come from somebody who did.