Mobile location may turn out to be the most pivotal innovation for small businesses since the cash register. Thanks to the work of companies like Foursquare, businesses can now monitor more efficiently who is coming to their store.
New tech startups are moving with the speed and force of tsunamis. And a few crash that way, too. Airbnb is the latest example of how rapid growth demands rapid response to failures. Top VC Mark Suster tells Fast Company what Airbnb did right—and what it should have done better.
Distributed teams may work, but colocated startups work faster, quicker, better. And if there is only one founder, they may be the single best way to get a good business idea the resources it needs to get off the ground.