It is a rare thing to see failure in business and investing under the magnifying glass, despite the fact that more startups fail to achieve their potential than succeed. We much prefer to tell success stories, but business flops and foibles are a gold mine of information, especially when the lessons learned are shared with others, then the whole community of entrepreneurs, investors, and advisors can benefit.
That is the innovative idea behind of series of events that caught the DealMarket Digest eye this week, so this is not an endorsement, it is just a pointer. FailCon’s website says it is a one-day conference for technology entrepreneurs, investors, developers and designers to study their own and others’ failures and prepare for success. It will be coming to Sydney, Tel Aviv, Tehran, Barcelona and San Francisco soon.