Lessons from Failed Startups
| A | B | C | D | E | F | |
|---|---|---|---|---|---|---|
1 | Date | Startup | Idea | Reason for Failure | Full Story | Founder |
2 | February 2017 | Echelon Exchange | algorithmic online stock exchange | Lack of passion, no SWOT analysis, regulatory concerns, overly complex, revolutionary doesn't equal value. | why my startup failed | |
3 | November 2016 | Gigger | Online gig booking system for bands, promoters, and venues. | Market resistance and not enough customer development | Post Mortem: Gigger Rocked | @antman261 |
4 | October 2016 | Spinvite | Event invitation and sharing | Spent entire seed fund on fancy development of untested product. | Spinvite - The Party's Over | @ohmygodrey |
5 | September 2016 | Fuhu | Childrens tablets and apps. | Slim profit margins that couldn't cover overhead. | The Swift Rise--and Fall--of America's One-Time Fastest-Growing Company | |
6 | August 2016 | GamersTube.com | First HD cross-compatible video host just for gamers. | lack of investment, heavily competitive environment | The story of a live game streaming network that ran from 2006 but closed in 2013, a year before Twitch, which started in 2011, sold to Amazon for $970 million. "Pioneers get slaughtered and the settlers proper" | @youngbloodjoe |
7 | August 2016 | Shipbeat | A single platform for e-commerce logistics. | We failed in building a logistics setup that we could power up with software | Shipbeat Post-Mortem | @svenningsen |
8 | June 2016 | Brisk.io | Recommend actions to salespeople from their data (CRM, email, etc) | Lack of focus and couldn't e | Turning the page: What we learned at Brisk | @hajak |
9 | June 2016 | sociavstre.am | Aggregate Instagram content by both location and hashtag | Reliance on third party API | Why we killed our latest startup | @bamcreative |
10 | May 2016 | cookisto | Cookisto is an online community marketplace for homemade food. | retention rate wasn’t good enough | Six up-and-coming start-ups on what makes for a successful business | |
11 | May 2016 | Vym | Review GitHub Pull Requests with a slide show without leaving GitHub | It failed to find market fit after launch | What I Learned From an Unsuccessful Launch: Vym | mikeswcho |
12 | March 2016 | SpoonRocket | on-demand food delivery | Lack of sustainable profit margin | What Founders Can Learn From SpoonRocket’s Demise | |
13 | February 2016 | Eulergy | connect university research with businesses | It was extremely difficult to market to students, PHD and Post-doc researchers | Eulergy closes it's digital doors | @benbyford |
14 | January 2016 | Sharingear | A p2p marketplatform for music instruments and backline rental | Market too small, ran out of cash | The entrepreneurial roller coaster ride | @MirceaGEftemie |
15 | Nov 2015 | HouseThis | India's first NRI-focused Real Estate portal | Lost focus on the product | Lessons I learnt from failing at my first startup | |
16 | Oct 2015 | Homejoy | Home cleaning service. | High cost of customer acquisition | Homejoy at the Unicorn Glue Factory | @nolimits |
17 | Oct 2015 | EverythingMe | Adds Contextual capabilities to mobile phones | No business model | Popular Israeli app launcher EverythingMe closes down, most of staff let go | |
18 | Aug 2015 | Zirtual | Unlimited virtual assistant tasks for a monthly price | Burn rate | Zirtual: What Happened and What’s Next | @marenkate |
19 | Aug 2015 | PoliMobile | Mobile marketing for political campaigns | Ahead of it's time | Timing is everything--especially in startups. | @curtprins |
20 | Aug 2015 | Last Guide Co. | Apps that encouraged real world interactions | Failure to adhere to the original vision | Gowalla founder Josh Williams shutters Last, a company that made apps to help you go outside | @jw |
21 | Jun 2015 | alikolo | e-Commerce Marketplace | Internal problem & wrong positioning in market | This guy’s story of failing in Indonesia is refreshingly honest. Now he’s getting up and trying again | @dannytaniwan |
22 | Jun 2015 | Circa News | mobile news app | Lack of funding, no buyers | Farewell to Circa News | @mg |
23 | Jun 2015 | Tale of Tales | Create narrative based video games. | Costs were higher than income | And the sun sets... | |
24 | Jun 2015 | Paid for Stripe | Most popular 3rd party app for Stripe for 2 years | Stripe built their own app. | End of Life of an App | @ryanscherf |
25 | Jun 2015 | Lumos | Machine learning enabled smart electrical switches | Overestimated machine learning & underestimated efforts in converting a prototype to fully functional hardware product | 5 Reasons Why My IoT Startup Failed | @yashpkotak |
26 | Jun 2015 | Rate My Speech | Improve people's public speaking skills | Lack of problem-solution fit, no real team, too much ego. | Let it go, let it go… Sunset of my first startup: ratemyspeech.co | @aszig |
27 | Jun 2015 | RewardMe | Loyalty platform for restaurants and retailers | Premature scaling and founder misalignment | Premature scaling killed us | @junloayza |
28 | Jun 2015 | UDesign | Create & buy beautifully patterned women's clothing from your phone. | We didn't stick to our original vision, and let spending get out of control. | We went from fashion-tech prodigies to flaming heap of Jichael Meffries-inspired detritus in 1 short, emotional year. | @econstreams |
29 | Jun 2015 | Fastr | Whatsapp for Customer Service | Wrong approach, wrong target market | Fastr - Pitch | @gregdsouza |
30 | Jun 2015 | GuGo | A group-centric social intelligence platform | Cofounder disagreements, couldn't secure funding | How to Learn From Your Mistakes in a Tech Startup in Order to Succeed | @shermanbiz |
31 | May 2015 | Wattage | easily create customized hardware in your browser | run out of cash | Well, We Failed | @jeremybell |
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33 | May 2015 | Allmyapps | First appstore for Windows PC | not enough time spent on vision in the early days, too early marketing spending, too many early hires, and a lot more... | Allmyapps — Story of an Almost Successful French Startup | @thibauld |
34 | May 2015 | BitShuva Radio | Pandora for niche music genres and indie bands | it should have been a platform | My startup's dead! 5 things I learned | @judahgabriel |
35 | Apr 2015 | Remember | Living scrapbook for your family's memories. | No market | Why My Startup Failed And What I Learned From It | @iadriantan |
36 | Apr 2015 | SellanApp | Crowdsourced mobile app publishing | 3 seed rounds without improving business model. | What I’ve learned, 6 months after bankruptcy | @Milann |
37 | Apr 2015 | KOLOS | The first iPad racing wheel | Not something people wanted | Kolossal failure: 10 lessons I learned from burning through $50,000 on a hardware project that bombed | @k_ivaylo |
38 | Apr 2015 | Bluebird | Squarespace w/open source software & templates | lack of financial & operational controls / inexperienced management | The Art of Embracing Epic Failure | @joshsimmons |
39 | Apr 2015 | Secret | share personal secrets anonymously | does not represent the vision when starting the company | Sunset | @davidbyttow |
40 | Mar 2015 | Bawte | One place. Everything you own. Forever. | Customers were not adopting software = no income | Saying Goodbye | @bawte |
41 | Mar 2015 | Patterbuzz | unbundle content & let users purchase single articles by enabling micro-payments | success with concept but could not secure funding | Patterbuzz - Down but not out ... | @amitgoel1287 |
42 | Mar 2015 | Kiniku | Read your body's muscle electrical signals, and control things with it | co-founders tried to do more than one startup at once | Control things with your muscles | @dnghiem |
43 | February 2015 | Qhojo | AirBnB for camera and video gear. | Risk reward ratio too high for lenders. | Startup mistakes | @manishsinhaha |
44 | Feb 2015 | Stereomood | Mood based music curation & recommendation | Unsustainable business model for music licensing fees | The last song for Stereomood’s founders | @danimelquiades |
45 | Feb 2015 | ComboCats | platform for turn-based multiplayer games | consequences of Russia-Ukraine conflict | Postmortem: Traps for Friends - our attempt at fair IAP multiplayer | @ivmirx |
46 | Feb 2015 | College Inside View | Provide more detailed student reviews of colleges | I couldn't get enough reviews | Case study of a failed startup | @adamzerner |
47 | Feb 2015 | DeviceFidelity | Contactless payments / NFC for iphone | Apple built NFC into new product line | www.nfcworld.com/tag/devicefidelity/ | @amit_df |
48 | Jan 2015 | Kinly | Create a private social network for families. | We didn't solve for distribution. | The idea is dead. Long live the idea. | @donsmithmier |
49 | Jan 2015 | Cusoy | curated restaurant finder for people with food allergies | No clear or predictable way to sustainability | Cusoy: A postmortem | @melissatsang |
50 | Jan 2015 | Starthead | Crowdfunding service for the whole world from Czech Republic | We were naive idiots | The idea of giving up is worse than of it killing me: How $150,000 post-it came to be? | @michalsobel |
51 | Jan 2015 | Poliana | Visualize political influence | Don't do politics unless you're ok to be non-profit | The life and death of a political startup | @cereallarceny |
52 | Dec 2014 | Zagreb Cohousing | Coliving space in Zagreb, Croatia | Wrong place, wrong target | Zagreb Cohousing FAIL | |
53 | Nov 2014 | Springpad | digital notebooks | not able to scale to become a self-sustaining business | Springpad says goodbye | @jacq_hampton |
54 | Oct 2014 | Keep Fit Stay Sane | An Online Emotional Gym | Couldn't find a market | Startup postmortem: Keep Fit Stay Sane | @gentlemantech |
55 | Oct 2014 | Shwrüm | OpenTable for Apparel Shopping | Too early + ran out of cash | 22 Mistakes I Made As A First Time Founder | @ViableBen |
56 | Oct 2014 | Amiloom | device forms network of people w/common friends | cannot be clearly explained in 3 seconds | 3 Reasons Why My Tech Startup Failed | @andershsi |
57 | Oct 2014 | Wishareit | Find and buy gifts with/for friends. | Early hires + Didn't validate Business Model | 5 Mistakes I Made Launching a Startup | @joaoromaolx |
58 | Sep 2014 | Emjoyment | tinder for jobs | 99 reasons but a bit (code) ain’t one | 99 Problems But A Bit Ain’t One: Why My Startup Failed | @asaven41690 |
59 | Aug 2014 | Dinnr | same day ingredient delivery service | simply didn't have legs | Seven lessons I learned from the failure of my first startup, Dinnr | @michalbohanes |
60 | Aug 2014 | Licensario | Billing system for SaaS | Bad marketing | The mistakes that killed my startup | @gilsadis |
61 | Aug 2014 | X-Face | Put your face on characters. | Didn't solve a problem we cared about | What we have learned from our failed Startup | @demirbyilmaz |
62 | July 2014 | Fab.com (Hem Design) | Flash sales of uniqly designed products | Too fast expansion | The Rise and Fall of Fab.com: A Cautionary Tale for Every Entrepreneur | https://twitter.com/betashop |
63 | Jul 2014 | Moped | make messaging more web-friendly | we didn't build something that enough people wanted | Launching Sidestage After Failing At My First Startup | @schuylerd |
64 | Jun 2014 | Imercive | 360°, full motion, interactive video | stuck with the wrong strategy for too long | Imercive Post Mortem | @keithbnowak |
65 | Jun 2014 | 99dresses | trade fashion items | lack of product-market fit, and everything else in between | My startup failed, and this is what it feels like… | @nikkidurkin99 |
66 | Jun 2014 | Popin | Private, mobile, location based social network | Idiotic customer development | Three years | @christopherbull |
67 | May 2014 | OpTier | Business transaction management software | Complex and buggy product | Find farewel to OpTier | @israelmazin |
68 | May 2014 | Bloom.fm | music streaming service | the deal fell through at the last minute | Close,but no cigar | @oleg_bloom |
69 | May 2014 | Manilla | online platform to manage accounts and pay bills | unable to achieve scale necessary for viable economics | Manilla Is Shutting Down | @schinella |
70 | May 2014 | Pumodo | App for football players to share stats & accolades | We didn't obsess over it and we didn't love it | A startup postmortem with a happy ending? ..in Thailand | @tfridriksson |
71 | May 2014 | HowDo | Place to discover, capture & share DIY & Craft guides | failed to make the goal possible | the last step | @edwardjewson |
72 | Apr 2014 | Argyle | social media tools for B2B marketers | couldn’t compete with marketing giants | Argyle is shutting down our service | @Ericboggs |
73 | Apr 2015 | orat.io | discussion platform & plugin | a lot of reasons | Another catchy headline why you should read this article about how my startup failed | @3x14159265 |
74 | Apr 2014 | Stipple | tag people, places, and objects in an image | did not scale fast enough | "Stipple Shuts down" | @Premiumfixer |
75 | Apr 2014 | Samba Mobile | ad funded data | high and increasing unsustainable — data costs | Samba Closing down | @benartherton |
76 | Apr 2014 | Zumbox | digitized transactional postal mail | time & cost to deliver was more than market was prepared to invest | Zumbox to shutter its operations | @yarone |
77 | Mar 2014 | Needium | Social media lead generation for small businesses | Too early in market + extreme founder dilution | Seven Major Insights I Learned from my Failed Startup | @sebprovencher |
78 | Mar 2015 | Critica | share your opinions on any website | did not have that traction. And so we ran out of money | My Startup Failed | @jasonhuertas |
79 | Mar 2015 | LayerVault | Version control for designers | Failed to generate enough revenue | LayerVault is shutting down | @kellysutton |
80 | Mar 2014 | World Burrow | make unused meeting rooms available for free | it would not work due to security restrictions | Why I’m Open Sourcing My Failed Startup | @nfeiglin |
81 | Mar 2014 | Mochi Media | ad network for developers | another casualty in the decline of Flash | Mochi Media Winding down services | @etrepum |
82 | Mar 2014 | Salorix | social media management | the deal did not go through | Salorix shuts operations | @santanuB01 |
83 | Mar 2014 | Exec | on demand house cleaning service | demand was very spiky, customer activation was hard | What I learned from online to offline | @ghazviian |
84 | Mar 2014 | Readmill | app to read and share ebooks | not possible to sell books on Apple’s platform at competitive price | Epiloque | @henrikberggren |
85 | Feb 2014 | Blurtt | photo sharing app for iPhone | I started to feel burned out | Shutting down Blurtt | @jeanettec007 |
86 | Jan 2014 | Canvas/DrawQuest | Drawing/remixing community | out of cash | Today my startup failed: Story of Chris Pool — founder of 4chan and DrawQuest. | @moot |
87 | Jan 2014 | Delight | visualize how users interact with apps | service does not give intermediate values to your users | Failed to delight : Post -moterm of my first startup | @thomaspun |
88 | Jan 2014 | Outbox | Digitizes physical mail | wasn't enough demand to support the cost model | Outbox Shuts Down Its Mail Digitizing Service | @Evanbaehr |
89 | Dec 2013 | Exfm | music discovery platform | the high costs of processing millions of new songs every month | Changing Tune | @dankantor |
90 | Dec 2013 | Bookish | new destination to connect readers with books | a shallow container for banner ads | Bookish is a failing startup that could fundamentally change digital publishing | @lazyvalue |
91 | Dec 2013 | Teamometer | time tracking software | fail to multiply big numbers | startup lessons learned from my first startup | @stekliney |
92 | Dec 2013 | Wahooly | Exchange startup equity for social advocacy | Ran out of money. Pivoted too soon. | What Entreprenuerial Fear and Failure Look Like | @danerobert |
93 | Dec 2013 | Tigerbow | send physical gifts by email, facebook and twitter | unable to execute on a strategy to drive early traction | Tis the Season for a Tigerbow Post Mortem | @itsdlevy |
94 | Nov 2013 | Everpix | the smart photo platform | failed to effectively position giants like Apple and Google | Out of the picture: why the world's best photo startup is going out of business | @wwayne |
95 | Nov 2013 | MyManual | Custom instructions for home theater equipment by scanning barcodes | Inexperience with building product | I fucked up | @barnettlklane |
96 | Oct 2013 | Admazely | retargeting platform for web shops | ran out of funding | Startup Failure: How it feels | @pschlegel |
97 | Oct 2013 | Travelllll | hottest travel news site on the planet | there was no real audience | Travelllll Post-Mortem | @JohnONolan |
98 | Oct 2013 | Shnergle | app that allows to view a place in real time | product wasn't getting the traction it needed | Shnergle Post Mortem | @JonnyBull2 |
99 | Oct 2013 | UniSport | online hub for student sport | "for a number of reasons" | Someone else is building my failed start-up. | @tomcarra |
100 | September 2013 | HitMeUp | Location-based flash sales | Lack of definition | Lessons learnt for Investors | @ctapool |
101 | Sep 2013 | Sonar | help users discover relevant contacts close by | everyone stood a better chance starting anew | Postmortem of a Venture-backed Startup: Lessons Learned from the rise and fall of @Sonar | @brett1211 |
102 | Automatically convert new twitter followers into paying customers (without being annoying) | |||||
103 | Sep 2013 | Intellibank | online CRM solution | we did not achieve product-market fit | 7 things I learned from startup failure | @puiwah |
104 | Sep 2013 | Flud | a personalized mobile news platform | Not giving enough time to stress and load testing | Why Startups Fail: A Postmortem For Flud, The Social Newsreader | @ghoshal |
105 | Aug 2013 | Flowtab | app to order and pay for drinks at a bar or nightclub | hard to market ourselves properly in bars without being there | The decline and fall of Flowtab | @Mikettownsend |
106 | Jul 2013 | Pollarize | Social app that enables users to create an A/B question | It was a free app that would've needed millions of users to get noticed, and selling it as a polling platform was never fully explored. | Failed startup | @wehtam |
107 | Jun 2013 | Saaspire | relevancy platform | get the other sources stable before you can focus on the product | Lessons from my failed startup | @ninomarakovic |
108 | May 2013 | Arkad | Investor relations software | Customer incentives were not aligned with buying the software | Lessons learned starting our first business | @boxerbk |
109 | May 2013 | Thrively | Radically simple 360 feedback for your team | Lack of funding, no tech cofounder, challenging market | Shutting down my startup | @nickfassler |
110 | May 2013 | Totsy | Flash sales for toddlers / young mothers | Cost per order > revenue per order + unsustainable marketing spend | Totsy burns through $34 million, lays off its 83 employees, selling assets | @ggauthereau |
111 | Apr 2013 | On-Q-ity | non-invasive diagnostic monitoring tools cancer patients | didn't have enough capital around the table | On-Q-ity, a Cancer Diagnostic Company: R.I.P | @MaraAspina |
112 | Apr 2013 | GroupSpaces | a membership management platform for groups | lack of product/market fit in the new markets | Looking back at 7 years with my startup GroupSpaces | @andyy |
113 | Apr 2013 | Zillionears | creative pre-sale platform for musicians | people really didn’t really LIKE anything about our product | My Startup Failed. F@<#. | @nemrow |
114 | Mar 2013 | Formspring | social platform to help people learn more about others | Our opaque follow-model shot us in the foot | Formspring- A postmortem | @adeolonoh |
115 | Feb 2013 | Vitoto | create collaborative videos on smartphones | We were not playing to our strengths | Vitoto Offically Shutting Down | @morokuapps |
116 | Feb 2013 | Gowalla | Social guide to share & discover experiences and cities | someone else found a path to the goal with less friction | Play by your own rules. | @jw |
117 | Jan 2013 | Nokter | Foursquare for nightlife | People hang out usually same places with friends | Nokter - Foursquare for Nightlife | @alvaradomarcos9 |
118 | Nov 2012 | Parceld | style discovery platform | technical co-founder quit & pulled the code out from under me | Lessons from my failed startup | @brianne_garcia |
119 | Aug 2012 | Little Printer | Send, receive & print messages/photos from anywhere | No sustainable business in connected products | The design company behind the Little Printer is dead | @genmon |
120 | Jun 2012 | Bellstrike | Instant websites for Nonprofits | Not enough revenue per customer | Lessons learned from a self funded startup | @doddcaldwell |
121 | Jan 2012 | Plancast | social event sharing site | users don't develop a strong habit of contributing content | The Uphill Battle Of Social Event Sharing: A Post-Mortem for Plancast | @jaymon |
122 | Nov 2011 | TalentArena | Community & marketplace for artists from different verticals. | Aim for perfection in product prevented a proper sales job. | How to fail a startup | @maxrockt |
123 | Aug 2011 | HelloParking | airbnb for parking | rarely had meaningful conversations with our target end-users | Part Two of the HelloParking postmortem: a look back, and a new perspective | @chris_hoog |
124 | Jul 2011 | MyFavorites | Show + Tell Your Favorites | I was blowing cash — at a ridiculous pace. | The little startup that couldn’t (a postmortem of MyFavorites) | @nb3004 |
125 | Oct 2010 | Standout Jobs | relationship focused recruiting portal | founding team couldn't build an MVP on its own | A Postmortem Analysis of Standout Jobs | @austinhill |
126 | Oct 2010 | Wesabe | personal finance management platform | most people use a shorter-term alternative if available | Why Wesabe Lost to Mint | @Marcprecipipe |
127 | Sep 2010 | NewsTilt | a platform for the new model of journalism | weren’t intrinsically motivated by news and journalism | Why we shut NewsTilt down | @paulbiggar |
128 | Aug 2010 | RiotVine | social event guide | never generated the traction | Post-moterm | @KabirH |
129 | Jun 2010 | YouCastr | monetize online video | we weren't in love with the idea or market | YouCastr- a post mortem | @Arieldiaz |
130 | Jun 2010 | eCrowds | web content management meets social networking | too much time building it for ourselves & not getting feedback | Post Mortem on a Failed Product | @Davidklanac |
131 | Nov 2010 | CertTime | Digital timestamping service | Wrong audience | CertTime | @apankrat |
132 | Apr 2010 | Devver | turns desktop tools into cloud-based services. | focused on engineering first & customers second | Lessons Learned | @davidcohen |
133 | Mar 2010 | SMSnoodle | SMS based entertainment channel for Singapore | overestimated the Singapore market | 4 Mistakes Made And Lessons Learnt by Vijay of SMSnoodle | @vijaykganesan |
134 | Feb 2010 | EventVue | Online communities to connect conference attendees | didn’t focus on learning & failing fast until it was too late | EventVue-Post mortem | @joshfraser |
135 | Aug 2009 | Lookery | Enable social networks to distribute data as targeting info | dependant on another platform | Couldery shouldery | @sawickipedia |
136 | Jul 2009 | Sampa | Platform for families & friends to share stories, photos, events and milestones | Not big enough pain at a time Facebook made sharing so easy (2008-ish) | Anything and Everything About Sampa, From Business to Personal | @calbucci |
137 | Jul 2009 | TeeBeeDee | social network for people over 40 | did not scale | Turning Out the Lights | |
138 | Apr 2009 | PlayCafe | an online game show network | we didn't reach enough users | 10 lessons from a failed startup | @devnag |
139 | Jan 2009 | Overto | auction aggregation service | no one of us was skilled in that area | Lessons Learned: Startup Failure Part 1 | @pawelbrodzinski |
140 | Dec 2008 | Diffle | social network based on simple 2D flash games | it ended up going nowhere' | Aftermath | @jontang |
141 | Jul 2008 | Monitor110 | data and information gathering service | not close enough to the customer | Monitor 110: A post mortem | @infoarbitrage |
142 | Jun 2008 | BricaBox | personal social content | tackled a technical problem, not a Market Problem | BricaBos: Goodbye World | @kylebragger |
143 | May 2008 | Meetro | a multi-network social messenger | people just weren't excited about the idea' | Anatomy Of A Failure: Lessons Learned | @Vlauria |
144 | May 2008 | Kiko | an online calendar | too slow at times, and focused on the wrong thing at times | Lessons from Kiko, web 2.0 startup, about Its Failure | @justinkan |
145 | Apr 2008 | Nouncer | micro-blogging service | lacked the audience my product needed to succeed | The Last AnNounce(r)ment | @eranhammer |
146 | Jul 2007 | Backfence | create hyper-local community sites | internal problems made it impossible to reach transition point | Co-Founder Potts Shares Lessons Learned from Backfence Bust | @pottsmark |
147 | Jan 2007 | Bitpass | Online micropayments | crappy business model, tried to do too much, lack of focus | Bitpass Croaks: Is This the End of Micropayments? | @_nvs |
148 | Jul 2006 | Cryptine | information security services | the board couldn't break the deadlock | key lessons from Cryptine network's failure | @nunderwood |
149 | May 2000 | Boo.com | High End Sportwear e-tailer | High ambitions, poor execution | Boo.com goes bust | |
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