Bluegogo, one of China’s largest bike-share companies, appears on the edge of ruin, with its office empty, debts unpaid and its CEO suddenly absent. The firm, which has raised $58 million and funded moves into Sydney and San Francisco, has outstanding debts of $30m it cannot pay, one insider told Yicai Global. Bluegogo, which has 700,000 bikes in its network, was ... Read More »
Tag Archives: ‘Failure’
Reasons of hard drive failure
A child belong to 8 year to 12 years age group may also use such things for his or her entertainment like playing games and some studying skills. There is no age limit for using laptops or tablets. So, we are totally depending on such things for each type of work and these laptops or tablets have become the necessary ... Read More »
Start-up Failure Rates Vary — Choosing the Right Industry Matters
I’m following up my posting of a few weeks ago on new business failure rates where I said that there are considerable differences across industry sectors in business failure rates. Below is Figure 7.1 (p.113) from my book Illusions of Entrepreneurship: The Costly Myths that Entrepreneurs, Investors, and Policy Makers Live By. The data come from an article by Amy ... Read More »
Ivory Coast Attack: Facebook Slammed for Safety Check ‘Failure’
In the latest controversy over the implementation of its Safety Check tool, users are questioning social media giant Facebook why it failed to turn on the feature after an attack in Cote d’Ivoire on March 14. Built in the wake of the 2011 tsunami in Japan, the Safety Check location tool allows users to “check-in” and assure their contacts that ... Read More »