Flud
Flud was a social news reader platform. They were unable to raise additional funding for their operations and eventually ran out of cash.
Details of the startup:
Flud
You can read more about their failure here.
Juicero
Juicero was a juice company that packed fresh organic fruits. They claimed their juicer was innovative, until customers found out the machine was useless.
Details of the startup:
Juicero
You can read more about their failure here.
Karhoo
Karhoo was a cab aggregator. It was out of business after 6 months of operation. Poor management and bad execution of a good concept were the main causes.
Details of the startup:
Karhoo
You can read more about their failure here.
MySpace
MySpace became the most popular social networking site before Facebook. After competing with them, they decided to repurpose it as a platform for artists.
Details of the startup:
Founders:
Aber Whitcomb, Brad Greenspan, Chris DeWolfe, Colin Digiaro, Josh Berman, Michael Addicott, Tom Anderson
Country:
United States
Industry:
Social Media
Started in:
2003
Closed in:
Active
Nº of employees:
250-500
Funding Amount:
$10M-$50M
Specific cause of failure:
Multiple Reasons
MySpace
You can read more about their failure here.
Navdy
Navdy provided a display that projected GPS in the cars' front. They failed due to a saturated market and a device that didn't satisfy customer needs.
Details of the startup:
Navdy
You can read more about their failure here.
Netscape
Netscape was one of the most significant internet applications in history. Despite its early success, they couldn't beat Microsoft's Internet Explorer.
Details of the startup:
Founders:
James Clark, Jon Mittelhauser, Marc Andreessen
Country:
United States
Industry:
Productivity
Started in:
1994
Closed in:
2008
Nº of employees:
5,000-10,000
Funding Amount:
No Data
Specific cause of failure:
Poor Product
Netscape
You can read more about their failure here.
PepperTap
PepperTap provided a platform to buy and deliver groceries from local markets. Customers found delivery fees too expensive for their needs, and shut down.
Details of the startup:
PepperTap
You can read more about their failure here.
PostRocket
PostRocket was a Facebook marketing platform co-founded in October 2010. Many technical issues and depending on FB affected the quality of their service.
Details of the startup:
PostRocket
You can read more about their failure here.
Quibi
An analysis on why did Quibi, a short-form video streaming platform, shut down despite raising $1.8 billion from investors and having an experienced team.
Details of the startup:
Quibi
You can read more about their failure here.
ScaleFactor
ScaleFactor was a tech startup that claimed to automate SME bookkeeping and payroll thanks to an AI they were developing in-house, which wasn't the case.
Details of the startup:
ScaleFactor
You can read more about their failure here.
Seven Dreamers Laboratories
Seven Dreamers Laboratory built a robot that washed, ironed and folded laundry. However, their product was expensive and couldn't match human's dexterity.
Details of the startup:
Seven Dreamers Laboratories
You can read more about their failure here.
Shuddle
Shuddle was the go-to service for parents that needed someone to drive their kids to school. Parents found it disappointing, so they had to shut down.
Details of the startup:
Shuddle
You can read more about their failure here.
Totsy
Totsy was a flash sale company that offered high-end fashion brands online for a low-price. Flash sales lost their attractiveness and became obsolete.
Details of the startup:
Totsy
You can read more about their failure here.