Why Kiko’s demise is good

It’s never a good thing for your product to lose to a giant competitior like Google, but if anything is Web 2.0, it is starting light and failing fast, and then getting right back on the horse; and that is good for all netrepreneurs. Check out what Paul Graham said:

There’s another encouraging point here for the new generation of web startups. Failure is not a disaster when you’re very light. The total amount raised by Kiko in its existence would be about six months’ salary for a first-rate developer. There’s a good chance they’ll recover most of it by selling their code. They only had one employee besides themselves. So this is not an expensive, acrimonious flameout like used to happen during the Bubble. They tried hard; they made something good; they just happened to get hit by a stray bullet. Ok, so try again. Y Combinator funded their new idea yesterday.