Creator’s Note: 10 On-line Business Concepts That By no means Took OffI worked for a failed on-line enterprise in the first heyday of Web startups. I was 24, my bosses have been 29, we were in New York, and it was awesome. There was definitely no scarcity of lax administration insurance policies and questionable decisions, although. I was an English main with zero monetary experience who was put answerable for the accounting department. (It was a department of one, however nonetheless – not the very best thought.) Certainly one of my day by day duties was to walk down the road to the bank (in a fairly shady neighborhood) to deposit a whole lot of thousands of dollars in checks. Generally I’d take the stack of checks house for the weekend if the financial institution was closed. However the bubble burst, and it was all gone finally. Ah, youth.

Microsoft’s Home windows Azure service had an roughly 10-hour disruption in February 2012 brought on by a leap day-related software program bug. Google had an outage of only a few minutes in August 2013 that took out all of their services, including the search engine, site – www.cje-appui.qc.ca – Gmail and YouTube, and reportedly value them round half 1,000,000 dollars [source: Bloomberg]. In response to the analytics agency GoSquared, the outage also reduced international Net traffic by 40 % [source: Bloomberg, Mack].

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