Startup Cemetery

A big resource for entrepreneurs and startup owners, in which we have collected and analyzed why +100 big companies have failed. Learn from mistakes, and avoid being part of the 90% of businesses that fail.

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Delicious

Bookmarking website to save, organize and discover links

General Information
Category
Productivity
Country
United States
Started
In 2003
Business Failure
Business Outcome
Still Active
Closed
By 2017
Cause of Failure
Acquisition Flu
Founders & Employees
Number of Founders
One
Name of Founders
Joshua Schachter
Number of Employees
Between 51 And 100
Funding
Number of Funding Rounds
1
Total Funding Amount
No Data
Number of Investors
10
Description

Delicious was a social bookmarking site that was founded in the year 2003 by Joshua Schachter and Peter Gadjokov. It was created to be different from other bookmarking platforms by enabling its users to store and share bookmarks. Delicious also let users access their saved bookmarks anywhere, anytime. It was free and allowed visitors to group links, save homepages, and work collaboratively with other users too. Delicious went on to become one of the most popular social bookmarking sites on the internet.

Cause of Failure

There are a few reasons that slowly but inevitably caused the downfall of this once promising startup.

Delicious was a pretty good site before it was sold to Yahoo! in 2007. Two years later, even the founder regretted accepting the offer. Yahoo! Was already a giant back then and Delicious and its team were a very small part of it which became largely neglected. Launching the new version of the site after the acquisition was supposed to take 6 months, but, instead, it dragged on and didn’t see the light until two years later. The site was also buggy and there were frequent technical problems.

By that time other tools similar to Delicious were already dominating the sector, Pinterest, Trello, Evernote, Pinboard, Pocket, were only some of them. Besides the competitive factor, there is also to say that when Delicious was launched, it was very useful in searching for information through bookmarks a user or other registered people had already saved since Google was not as powerful as it currently is. When search engines started crawling and indexing billion of websites it became easier for people to find relevant content so the need for what Delicious offered decreased over the years.

The site went from one ownership to another until it was finally bought by its then competitor, Pinboard, for a bargain.

Go on Reading

HiGear

Private car-sharing club for luxury and sports cars

Transportation
Acquired
$1.3M
Legal Challenges
Transportation
United States
In 2011
By 2011
Two
Between 1 And 10
Between 1M 10M
Legal Challenges
Acquired
Argyle Social

Provided social media management tools

Marketing
Shut Down
$1.6M
Competition
Marketing
United States
In 2010
By 2014
One
Between 11 And 50
Between 1M 10M
Competition
Shut Down
Tilt

Social payment startup focused on crowd-funding

Finances
Acquired
$62.1M
Lack of Focus
Finances
United States
In 2012
By 2017
Three
Between 101 And 250
More Than 50M
Lack of Focus
Acquired
Call9

On-demand doctors in emergency situations

Health
Shut Down
$34M
Bad Business Model
Health
United States
In 2015
By 2019
Three
Between 101 And 250
Between 10M 50M
Bad Business Model
Shut Down
LayerVault

Allowed users to store and collaborate on design work

Design
Shut Down
$535K
Lack of Funds
Design
United States
In 2011
By 2014
Two
Between 11 And 50
Less Than 1M
Lack of Funds
Shut Down
Dopplr

Social travel network service

Travel
Shut Down
No Data
Acquisition Flu
Travel
United States
In 2007
Active
Five
Between 1 And 10
No Data
Acquisition Flu
Shut Down
This is Brought to You by:
NerdPilots

NerdPilots

Get fast, reliable web, mobile and software development help 24/7.

Acadium

Acadium

120 hours of digital marketing from a remote apprentice for only $299 (+ $50 off!).

This could be your AD. Sponsor Startup Cemetery to reach +10,000 entrepreneurs.

Subscribe to Our Newsletter!

Invite us into your inbox and get immense learning and 80+ deals on tools to help you scale your startup (worth up to $50,000)!

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