We have a lot of websites that cover success stories. However, there is no one to cover the stories of ideas that have failed.
It would add more value to know what were the aspects for failure of a particular idea or business that were.
In this attempt, a friend has started a website http://www.ideasthatfailed.com.
It attempts to interview people who had crazy ideas and that failed and then get into the details of why each idea failed. The reasons could be anything from not being executed or lack of a revenue model or non acceptance.
It will help entrepreneurs and business heads to understand the point of failures which they could cover up a part of their business contingency plan.
It will also enable like minded people to meet and revive the idea again may be pulling up a big business.
Do let me know your views on this.
Thanks and Regards,
Neelesh R Pednekar