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Unread 15-05-2009, 14:57
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Chris Hibner Chris Hibner is offline
Eschewing Obfuscation Since 1990
AKA: Lars Kamen's Roadie
FRC #0051 (Wings of Fire)
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Re: TIME magazine Lists the Segway as "Top Ten worst Tech failures..."

Has anyone actually read the part of the article that explains why they are considered failures? Judging from the responses here, I would say the answer is "no".

YouTube is a great example. I saw it on the list and said, "this idiot doesn't know what he's talking about - YouTube is HUGE!"

Then I read the reason WHY it is considered a failure: it is losing $470 million dollars PER YEAR!! Google paid $1.65 Billion (with a B) for it, and it has no real chance of ever making back that money. YouTube needs to TRIPLE it's income, just to cover operating costs! I don't know about you, but that sounds to me like it's failing. It may be awesome, but it can't bleed cash like that and be called a success.
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