Biz Stone on the Importance of Failure for Entrepreneurs

Biz Stone
Over at Inc. Magazine, Abigail Tracy writes about the importance of failure for Twitter co-founder Biz Stone.

Earlier this week, Biz Stone, co-founder of Twitter, presented at the New Context Conference in San Francisco and highlighted the fumbles from his start-up career–a nice lead up to today’s much-anticipated Twitter IPO.

Stone reflected on his time at Xanga, and said that not focusing on building a strong company culture was his greatest mistake with the start-up. Unhappy with the company’s shift away from innovation and the culture that had developed, Stone quit Xanga. “What I should have done was work really hard to make a change in the company culture,” said Stone. “The lesson I learned was that company culture at the beginning is incredibly important. You have to tend to it…almost as much as you tend to your product.”

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Recently named as one of the Top 20 Big Data Influencers by Forbes Magazine, Rich Brueckner is an avid writer, publisher, and technology pundit focused on high performance computing. He acquired inside-HPC.com in 2010 and has since expanded his online publications to include inside-BigData, inside-Startups, and The Exascale Report. With over 25 years of HPC experience at Cray Research, SGI, and Sun Microsystems, Rich is known to many in the industry as “the guy in the Red Hat.” When he’s not working, Rich keeps busy writing fiction, cartoons, and parody films. You can check out his stories: Angels of Silence, The Observer Effect, The Three Magi of Katrina, Seven Meals from Chaos, Friends of the Fallen, The Guardian’s End, and Ghosts of the Indian Herb. He has also penned some short film scripts including: Jigsaw Falling into Place and Bardo. In non-fiction, Rich contributed the Foreword to Dark Matter, Dark Energy, Dark Gravity, a book about the Big Bang by Dr. Stephen Perrenod. He also wrote the Foreword to 72 Beautiful Galaxies, an interactive iBook by Dr. Stephen Perrenod. Rich lives and works in Portland, Oregon.