Startups that Fail: Netek

Finisar Corporation

Frank Levinson, founder of Finisar, begins his talk with a story about a failed startup of his, Netek. Netek is an example of company that had all of the components that are commonly considered to be necessary – idea, business plan, VC investment, team and space. But even with all of that, Netek couldn't get off the ground, he says.