You can't study entrepreneurship without studying failure. The New York Times recently offered an in depth account of Friendster's failure, but it's too early to see if anything good will come out of that failure aside from a classic case study.

The man with one of the best jobs in the world (making fun of cubicle life), Dilbert creator Scott Adams, writes in his blog that he's failed 9 out of 10 times in his own business ventures. However, he doesn't consider his early failures in vain: "I’m not complaining, since that’s the disgruntlement that led directly to Dilbert."