Silicon Valley Failures Sow the Seed for New Innovation
Posted By Sherwood Partners/ Monday, October 28, 2019

Silicon Valley Failures Sow the Seed for New Innovation

When it comes to technology startups in distress, death takes them all – from the highfliers to those that were just stumbling along. Look at Jawbone, designer of sleek portable speakers and wearable fitness trackers. It raised more than $1 billion over its life and had a valuation of more than $3 billion but, alas, ceased operations in the summer of 2017. Or Pebble Technology Corp., a trailblazer in the smartwatch space that collected a record $30.6 million through two crowdfunding campaigns only to be shut down and have its remains acquired by competitor Fitbit.

Read the full article on Roland Berger.

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