Failure - the Podcast

Failure - the Podcast

A podcast about failure, mostly in startups and emerging companies, and how to avoid it. Visit us at https://failure-thepodcast.com read less
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Episodes

And, now, for something completely different....
Apr 9 2022
And, now, for something completely different....
It's not often the team from Failure - the Podcast gets serious. Sure, there was the time Mark stole an air mask from Jet Blue and hooked it to a canister of helium. He was impersonating Marjorie Taylor Green for our "Fly Me to the Moon" episode, but forgot to put oxygen in the mix. Thankfully, the EMTs had a spare pig's brain on board for the transplant. And, how about when Mic hired Rudy Giuliani to defend "the team" in Joe Rogan's trademark infringement suit.It's times like these you realize that some things are serious. Mark turning blue while impersonating Greene. Serious. Handing over your defense to Rudy. Serious (mistake). Just ask Donald.Speaking of Donald, the porcine frontal cortex (Mark's, not Donald's) drifts to yellow raining down on the sheets in Moscow. And, from there, to yellow and blue flags flapping in a nuclear breeze. Now, we are at serious. Ukraine serious. Even the segue there from humor (or, in our case, faux humor) seems a crime. Though, to put things in perspective, Zelensky made the transition and proved a true hero.Which, the reader will be relieved to learn, brings us to the topic of today's podcast. Zelensky? Not directly. More like Putin in Ukraine. A bull in a china shop, but add enmity and cluster bombs. Not a pretty thing. So, how did we get here? Join the team from Failure - the Podcast in a conversation with Daniel Barenboym, a Boston-area entrepreneur with roots in Eastern Europe, and Sam Bendett, an expert on the Russian military with the Washington D.C.-based think tanks CNA and CNAS.
Coffee Coffee Buzz Buzz Buzz ...
May 25 2021
Coffee Coffee Buzz Buzz Buzz ...
No, it's not the ice cream. It's the podcast. This one, and you can be sure it's in bad taste. But, hey, don't be too disappointed. Before reality sunk in, we did offer you the briefest glimmer of hope. That's more than a certain congressperson from Georgia has done for you. What is today's podcast, other than the usual meaningless banter? There is that, of course. But, there is more, too. Coffee. Yep, you guessed it, and what a genius you are! The coffee business, to be more precise. And, because we failed, yet again, in finding a guest who didn't, it's about a coffee business that's prospering. Go figure.How much do you know about coffee — we mean really know? The Team from Failure - The Podcast has been imbibing for nearly 100 years, collectively. (Get your mind out of the gutter. We mean coffee.) And, that's only two of us. Add, Mic and ... well, you'd need to go to scientific notation. So, we thought we knew a thing or two about coffee. Just like many of you think you know a thing or two about wine, beer, or you name it. But, how much do you really know, other than where to buy them and what salesperson has you wrapped around his/her finger? So we brought in a coffee pro. We would say he was a pro from Dover, but unless you saw M*A*S*H, the movie (starring Elliot Gould and Donald Sutherland), you really wouldn't get it. But we did bring in a pro. He was the seventh hire at one of the region's largest full-service coffee distributors. And what a success story he was. He rose from janitor to CEO in a matter of years. Many of them. And, in reality, he didn't quite come in as a janitor nor did he exit as a CEO, but you get the point.Anyway, you want to learn about coffee? Listen to this podcast. Erik Modahl, coffee curator and founder of BeanTrust Coffeebar, has something to say, even if it means talking over the knuckleheads that are Failure — the Podcast.
Fun with Numbers
Apr 5 2021
Fun with Numbers
Sounds promising: fun with numbers. If not the mathematicians and physicists, certainly the accountants might get something from this podcast. And, if not them, the actuaries will have a field day. Think about it: a podcast even an actuary could love. Stultifying.Well, not so fast. If you’ve not learned anything from the last four years, it’s that labels can be deceiving. Take “Super Happy Fun America,” a Massachusetts-based nonprofit that, from the looks of it, should be more fun than a barrel of monkeys. Dig a little deeper, and it’s clear that this group is about anything but fun. Super happy? We doubt it, not with the post-insurrection arrests.But, it’s not just the far right that is loose with labels. In fact, the team from Failure - the Podcast would hazard to guess that those of all political persuasions are guilty as charged. (Ya’ think?! Hey, give us a break, here. We’re just trying to meet our word quota on this blurb). Hell, even this podcast has been known to stretch the truth from time to time — and we are as about apolitical as it gets. Ha!So, fun with numbers. Not so much. But you can’t fault us for trying. After all, our guest was with one of the Big Four accounting firms. Admittedly, he was working as a lawyer, not an accountant. And, whether he actually saw a single number during his tenure is left for the imagination. Certainly, the team from Failure - the Podcast didn’t ask him. That would have taken advance preparation, and you know how we eschew that. Moreover, who would have thought months ago, when we recorded this, that we’d ultimately call it “fun with numbers”? Surely, you expect too much of us.Our guest? Why, it’s none other than Tony DaSilva. Lawyer to the stars … or, at least, the accountants. And, what an absolute wit. He lulled the team from Failure - the Podcast into believing that they were asking good questions, and that he was answering them. In fact, it was the same drivel as the last 71 episodes. You know the old saying: same stuff, different day. Well, we promise you only the latter. And, speaking of stepping in it, please don’t forget to wipe your shoes on Matt Goetz … er, the mat … before you leave.
Testing, Testing, One, Two, Three ...
Feb 26 2021
Testing, Testing, One, Two, Three ...
It took a little doing, but the team from Failure - the Podcast think they found the first use of that magical phrase "testing, testing one, two, three.....". No, it wasn't in 2010, when Biden dropped the F-bomb on an open mic while introducing then-President Obama's eponymous health care bill. Nor, was it when Sleepy Joe muttered "God save the queen" at the close of the 115th Congress in 2017, after announcing that The Donald had won the electoral college. Had Joe prefaced these utterances with "testing, testing one, two, three," we might be more sure they weren't gaffes and that he isn't the Democrat re-incarnation of Jerry Ford.We took our search to Google Books, hoping to find something through its Library Project. You remember that, don't you? All the fanfare over scanning the world's books onto the Internet so that they could be searched from your browser. No such luck: the copyright laws prevailed. Good thing for that. Which brings us to Google n-grams, a handy tool that searches millions of books (perhaps, collected during the ill-fated Library Project?) for words and phrases, and returns their frequency by year. Search for "pandemic," for example, and you get spikes at 1920, 2008 (remember the "swine flu"), and ... well ... let's just assume 2020, once the books are written on this one.So, how about "testing, testing one, two, three ...," when did that phrase come about? Best the team from Failure - the Podcast can tell, it was the mid-1940's. World War II, and all that. Sounds about right, doesn't it? You can just imagine a John Wayne character at the mic as he readies to rally the troops for yet another epic battle. (Don't know John Wayne? Think Ronald Regan minus the political years, but with a whole lot more luck at the box office).Which brings us back to testing. COVID-19, that is. Black gold. Texas tea. (Cue the "Beverly Hillbillies" theme). It's not behind us. Testing, that is. (The hillbillies? Like the 1960s, they _are_ behind us). Sure, the vaccine will help. A whole lot, we hope. But the need for testing? Well, let's just say that serial entrepreneur Sanjay Manandhar has it right when he says "24 hours to get COVID-19 test results? There's got to be a better way!" Who's Sanjay? Have a listen to today's episode of Failure - the Podcast, and find out.
Grand Designs
Dec 9 2020
Grand Designs
Fintech intelligentsia light up when they hear about new payment processing platforms, sometimes referred to as "rails." It's an allusion to moving goods via railway with tracks, switches, sidings and all those other things grandpa used to reminisce about but that you've never actually seen in person — save for that one harrowing flight out of Midway Int'l in January 2015, when you swore you could count the rivets on boxcars at the Corwith railyard. Only difference is that payment rails can move money from, say, your credit card account to a prince's bank account in some far-off land, rather than, say, pork from Washington D.C. to a senior Congressman's home district. (Hmmm....)Whether routing freight or funds, using the requisite rails can be complex, slow and expensive. That's fine if you happen to own a critical section of the track, so to speak, and can skim a tad for every boxcar or transaction passing by. It may not be so good for your customers, and everyone else downstream in the food chain (think pork bellies, if you wish, but financial transactions work, too). Hence, the collective shudder of excitement from the Fintech community when new rails give promise to potentially cheaper and faster payment processing.(Yes, yes. The podcast. We know. We're almost there. Promise. Can you wait until the next rest stop, or should we pull over by the side of the road?)Introducing new payment platforms is as bold as even the most daring of entrepreneurs care to go. Sure, you do hear about the occasional one that proposes a new form of currency, but ever since the central bankers and securities regulators cracked down on cryptocurrencies, anyone enterprising enough might fare better as a counterfeiter. (No, boys and girls, we don't recommend trying that at home.)Creating a digital marketplace can prove nearly as satisfying as introducing a new currency, but it's fair to wonder whether that dog will still hunt. Though it only just recently crawled out from under a rock, even the team from Failure - the Podcast has heard of eBay, Alibaba, or ... what is it now? ... Amazon. You would think that starting another one of these in 2021 (yep, think about it, we are almost there, and January 20th is right around the corner -- nervous, anyone?) has about the same chance of success as Rudy G's hair dye at a presser. Yet, some may differ. Take Pakira Inc., the Boston-based Fintech startup that hopes to revolutionize the market for physical commodities throughout the entire supply chain. By providing a digital marketplace for transactions, coupled with Bloomberg-like information on all of its players, Pakira is aiming to be the go-to platform for buying and selling everything from lumber to pork bellies.Will Pakira succeed? If winning pitch competitions is any gauge, the answer is most certainly. On the other hand, if appearing on this podcast is the better measure, we will look forward to speaking with them again for a postmortem. Either way, we welcome you to join us in an … interesting… discussion with Nadia Shalaby and Andrew Gibson of Pakira on the origins, workings and future of their online marketplace.
It's a Process
Nov 13 2020
It's a Process
Some things just take a long time.  The campaigning.  The lawsuits.  The voting.  The lawsuits.  The counting.  The lawsuits.  The re-counting.  The lawsuits.  The certifications.  The lawsuits.  It’s a process.  And, after all, nobody said democracy was easy.  In fact, had the 19th-century German statesman Otto von Bismarck had the foresight, he might well have said that democracy, like sausages, is best not seen in the making. Walking is the same way.  It’s a process.  You put your left foot in.  You put your left foot out.  You put your left foot in, and you shake it all about….  Oops.  Wrong one.  That’s the Hokey Pokey.  It’s useful in a wedding, but not so much for getting about town.  Unless, of course, you marry well — in which case the Hokey Pokey can be a prelude to ….  Well, never mind.  That’s best left to our co-host Mic and his cowboy poet stories.So let’s try again.  Walking is a process, and not an easy one.  Our friends at John’s Hopkins say it involves two of the brain’s three major regions: the cerebrum and the cerebellum.  The former handles the planned muscle movements; the latter, the balance, coordination and muscle control.  That’s a lot of grey matter for something that’s as simple as falling forward.All of which brings us to the today’s podcast.  Ambulatory Innovations is a Massachusetts startup that’s all about helping patients learn to walk.  They’ve come up with a patent-pending mat that simulates the feel of sand, cobblestones, and whatever else one might find underfoot — even sidewalk chewing gum or worse.  (Yes, feel free to ask Mic about stepping on things worse than already-chewed gum).  And, while the team of Failure - the Podcast couldn’t get the name of the mat quite right during the recording session, we are sure that Ambulatory Innovations co-founders, Dr. Michelle Mailloux and Dr. Katie Muise, will make their product a success in the marketplace.
Secret Networks
Nov 2 2020
Secret Networks
It certainly seemed that the team from Failure - the Podcast went into Covid-induced hibernation these past few months. We might say that we spent them on a promotional tour to shore up flagging subscriptions in Wisconsin, Michigan and Pennsylvania. Unfortunately, with Joe Rogan putting the last few bricks into his “blue wall” of podcast fame in those hotly-contested markets — a wall, we will note, is rumored to have been funded by the Mexican government — we’d have to walk back that claim.We might also say that we had learned, at the start the hiatus, of the seriousness of the affliction known as “listener apathy,” and that we were holding back for fear of scaring (yes, you’re right, scarring might have been the better choice of verbs) the few subscribers we had left. After all, what’s a little dishonesty when it’s only the health of our fellow citizens at stake? If it works when you’re running for office, why not when you’re running a podcast.Sure, we might say all these things, and more. But let’s start afresh. No lies. No pressers. No fake news. No Fox News. No walk-backs. As Bob Barker might have said, let’s go with Door #1: the truth.OK, here goes: the Team was busy. It happens. We’d apologize, but the revenues from Failure - the Podcast speak for themselves.So enough with the idle chatter. (Really, you say? Isn’t that this podcast’s raison d'etre?) Today’s episode is about secret societies ... oops, sorry, that was last week’s news … we mean virtual private networks. They are the gold standard of secure Internet communications, or so we thought. Have a listen or a gander (or both) to today’s episode and see what you think. Perhaps you’ll pick up a thing or two from our guests Dan Edlebeck and Humam Malas of Exidio, a Boston-based startup that’s looking to make your jaunts on the web a little more secure.
If Memory Serves ...
Aug 31 2020
If Memory Serves ...
Before starring as the criminal mastermind, Wo Fat, in the CBS television series Hawaii Five-O, Mark Dacascos emceed the Food Network hit, Iron Chef America. Though he probably never uttered the words himself, Dacascos will forever be associated with the iconic opening line “if memory serves me correctly …” that launched the Iron Chef brand into camp TV lore.If memory serves us correctly, it was a sage podcast that brought you the trials and tribulations of a travel startup in the post-pandemic epoch. (Perhaps, it’s not an epoch yet, but if you vote this November like you did last time, it may turn into one.) “Timing. Timing. Timing.” wasn't Failure - the Podcast’s finest hour, but none are. Today’s episode is no exception. Still, if it stands for nothing else, it’s that the pandemic offers succor to no business.Welcome to the world of pick-up sports. No, not leagues. We mean ad hoc pick-up sports. Let us explain …. Imagine you are a Gen X’er, in Canada. Your pick-up volleyball games are routinely canceled for lack of attendance. Sure, on Sunday, they told you’d they be there promptly at 5:30 p.m., the following Wednesday. But hump day rolls around and nada. No quorum. No game. Sure, you can practice your digs and jousts, but that’s not the same.Flagging attendance got your game down? There has to be a better way! And, of course, there is. It’s an app, and it’s by Bloxo, a social-networking — or should we say, a sports-networking — startup from Halifax of the great colorful north. No, Bloxo’s app doesn’t post compromising pictures of AWOL team members to the Internet. It starts from a different premise: that every pick-up game can be a winner, if the players plunk down the cash to ensure they’ll show up. With an adult amateur sports market of over $1 billion, how could a startup in that market-space possibly go wrong?Well you know where this one goes… COVID-19. Yup. But any business resilient enough to survive the Canadian winters, can certainly tough out the perils of a humidity-loving pathogen. And, Bloxo is no exception.Join the team from Failure - the Podcast in a scintillating discussion with Jennifer McHattie of Bloxo. You probably won’t get the urge to do your own pick-up sports startup, but you might learn a thing or two about weathering a pandemic.P.S.,Time for a shameless plug: did we mention that Bloxo was one of the winners of the MIT Enterprise Forum Startup Spotlight for 2020?
The View from On High
Aug 12 2020
The View from On High
Have you ever looked out over the Midwest farmlands while taking a cross country flight? Just another pretty view, you ask? The guests of today’s podcast think not.Whether the swamp lands in our nation’s capital or a cornfield in the Midwest, a picture can be worth a whole lot. Sure, a satellite photo might give you some insight into the corruption that is Washington DC, but a cornfield from on high is the real money shot. Imagine, if you could identify rows of maze ripening ahead of schedule or under siege by the infamous corn borer. (Yes, unlike earwigs, corn borers do really like corn). Yields might go up and costs down. And, while most city dwellers can size up a garden in seconds, gauging the health of a mega-acre factory farm is another matter entirely.You could send out dozens of workers to survey the land, but as the team from Failure - The Podcast is apt to say, “wait, there’s gotta be a better way!” In fact there is, and our guests from Cloud Agronomics have found it. They propose launching microwave oven-sized cameras into the clear blue yonder to diagnose the ailments of our farmlands. Wait a minute, you say. It’s 2020. Hasn’t this already been done? Yes and no. Bits and pieces. Cloud Agronomics is banking on the fact that nobody’s come up with a solution as robust as theirs.Join the team from Failure - the Podcast in one of the few level-headed discussions they’ve had since college with the management and science gurus behind Cloud Agro. Your dinnertime salad will never look the same.
Battle Royale
Jul 18 2020
Battle Royale
It takes a lot to rile the team from Failure - the Podcast — especially, when they’re recording an episode. So much so that one wonders whether they spend more time listening to themselves than to their guests. (Yeah, we get it. It’s a process, and at Mark’s age, a slow ship to turn.)But riled they were. In fact, Dave almost had a conniption arguing the benefits of angel investing over, what, equity crowdfunding? Whose heard of that? Come on raise your hands. Higher, please…. There. That proves it. Not a single hand up in the audience.... Oh, that’s right. We have no audience.Irregardless (take that, grammar hounds!), equity crowdfunding is a thing. You know, like Kickstarter, but instead of the hope of receiving a bauble, you get a piece of paper and a dream. It’s just like investing. In fact, it is investing, but ooooohhhhh sooooo much cooler. (Yep, the keys were stuck. Chocolate.)But who are we to judge? Our guest says traditional investing is done with. Kaput. No more of those age-challenged, ethnically-challenged, double-X-chromosome-challenged homo sapiens telling startups what to do and when to do it. The old guard is out. The people are in. (Failure - the Podcast is all for that. We are with the people one hundred percent. It’s the electoral college that scares us. Chads, too.)Join the team from Failure - the Podcast in a punchy session with Mike Burtov, serial entrepreneur and author of The Evergreen Startup — The Entrepreneur’s Playbook for Everything from Venture Capital to Equity Crowdfunding (Wow, you’re right: that was a long title.) Mike’s says he’s got the answer to funding-raising for the next generation of entrepreneurs and, hey, he just might be right.
Scratch the Itch
Jul 5 2020
Scratch the Itch
We were curious. Just what is a skeeter? In the midwest it’s slang for mosquito. Perhaps, everywhere. Wikipedia thinks so. It lists “skeeter” as one of the top off-book expressions for the little disease-carrying buggers. Regardless, nobody seems to like them. Nobody, except the birds and the bats. Fish and frogs, too —- though, the latter might not be with us much longer, if the chytrid fungus has its way. So, forget the frogs. Turtles like skeeters, and so do dragonflies. None of these little beasties vote, so let’s forget the lot of them.When you come right down to it, nobody or nothing that matters likes the little flying blood-suckers. There’s nary a good one out there. Let’s get rid of them all. As to the birds, bats, turtles, dragonflies and (for now) frogs, they’ll have to fend for themselves. If our public schools can call ketchup a vegetable, than surely our non-voting planetmates can eat those white floaty things from dandelions instead.All of which brings us to today’s guest. Hanan Lepek is the CEO of Senecio Robotics, an Israeli startup that’s using AI and robotics to help rid the world of skeeters. Just the disease carrying ones, of course. (The garden variety biters get a pass, so don’t throw away that 1960s can of DEET you inherited from grandpa, quite yet). Join us in a post-pandemic conversation that tested the limits of both Skype and Bluetooth. It’s vaguely informative, a little scratchy, occasionally worth a laugh and, certainly, better than watching a coronavirus plume waft up from a political rally at the foot of Mt. Rushmore.