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The Biggest Successes are Often Bred from Failures

Saturday, April 04, 2009
posted by DollarDuel.com and filed under Tips & Advice
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Randy Komisar was a co-founder of Claris Corporation, served as CEO for LucasArts Entertainment and Crystal Dynamics, and acted as a “virtual CEO” for such companies as WebTV, Mirra and GlobalGiving. He was a founding Director of TiVo where he is currently chairman of the Nominating and Governance Committee. Earlier Randy served as CFO of GO Corporation and Senior Counsel for Apple Computer, following a private practice in Technology Law.

According to Komisar, what distinguishes the Silicon Valley is not its successes, but the way in which it deals with failures.  The Valley is about experimentation, innovation, and taking new risks. Only a small business that can deal with failure and still make money can exist in this environment.  It is a model based on many, many failures and a few extraordinary successes.

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