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iMotors has shut down operations. They are running out of cash. They will still honor warranties on cars they have already sold.

Eighteen months ago car dealers were worried that online car sites would put them out of business. Now Greenlight.com, iMotors, and CarOrder have shut down and AutoByTel and Autoweb are merging. Once again it is being shown that Internet pure-plays are not going to take over the world. Successful companies are building multiple distribution channels, selling offlline and online. Now the car dealers can get their act together and start using the Internet to sell more cars.

Recently Written

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When a company piles resources on a new product idea, it doesn't have room to fail. That keeps it from succeeding.
Go small (Apr 4)
The strengths of a large organization are the opposite of what makes innovation work. Starting something new requires that you start with a small team.
Start with a Belief (Apr 1)
You can't use data to build products unless you start with a hypothesis.
Mastery doesn’t come from perfect planning (Dec 21)
In a ceramics class, one group focused on a single perfect dish, while another made many with no quality focus. The result? A lesson in the value of practice over perfection.
The Dark Side of Input Metrics (Nov 27)
Using input metrics in the wrong way can cause unexpected behaviors, stifled creativity, and micromanagement.
Reframe How You Think About Users of your Internal Platform (Nov 13)
Changing from "Customers" to "Partners" will give you a better perspective on internal product development.
Measuring Feature success (Oct 17)
You're building features to solve problems. If you don't know what success looks like, how did you decide on that feature at all?
How I use OKRs (Oct 13)
A description of how I use OKRs to guide a team, written so I can send to future teams.

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