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October 28, 2011 06:23 pm GMT

Keen On Failure Is The Ultimate Rebirth (TCTV)

Ooyala Backlot Web-7In Silicon Valley, failure has been democratized. You dont need a lot of money to fail. Nor do you need any previous experience. Take, for example,Brian WongandRoger Dickey two young Silicon Valley entrepreneurs who, in spite of their youth, are already steeped in failure. Wong, who was the youngest person ever to receive venture capital funding and is now the CEO of the mobile rewards networkKiip, once worked at Digg the paragon of a failed Silicon Valley technology start-up. While Dickey managed to build 16 sixteen (yes, thats SIXTEEN) failed Facebook apps before getting lucky with Mafia Wars.When I spoke to Wong and Dickey earlier this week atFailCon,they both embraced the idea of failure. Its all about mental resilience, they told me. Every setback is a learning opportunity, they said, and they described failure as the ultimate rebirth. Great failures of the past include Thomas Edison and the Wright Brothers, they explained, while Groupons Andrew Mason and Zyngas Mark Pincus are todays heroic failures, guys who failed so fast and frequently that in the end that had to get something right.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/K9twJZ4m8os/

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