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.

This is Brought to You by:
GetBusy

GetBusy

GetBusy keeps team communication organized, trackable and accountable.

NerdPilots

NerdPilots

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

GrowthMentor

GrowthMentor

Get 1-on-1 advice from vetted growth experts about your business.

MorningBrew

Morning Brew

Free daily email that gives a quick 5-minute rundown of the the day's top business news.

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)!

Your subscription could not be saved. Please try again.
Your subscription has been successful.

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

37Coins

Startup that developed Bitcoin technologies

Finances
Shut Down
$525K
Lack of Funds
Finances
United States
In 2014
By 2015
Three
Between 1 And 10
Less Than 1M
Lack of Funds
Shut Down
Netscape

Developed enterprise software solutions

Productivity
Shut Down
No Data
Poor Product
Productivity
United States
In 1994
By 2008
Three
Between 5001 And 10000
No Data
Poor Product
Shut Down
PepperTap

Large and fast grocery delivery service

Food and Beverage
Shut Down
$51.2M
Poor Product
Food and Beverage
India
In 2014
By 2016
Two
Between 1001 And 5000
More Than 50M
Poor Product
Shut Down
Laurel & Wolf

Online interior design marketplace

e-Commerce
Shut Down
$25.5M
Multiple Reasons
e-Commerce
United States
In 2014
By 2019
Two
Between 51 And 100
Between 10M 50M
Multiple Reasons
Shut Down
99dresses

Virtual closet to trade fashion items

e-Commerce
Shut Down
$105.7K
Multiple Reasons
e-Commerce
Australia
In 2010
By 2014
One
Between 1 And 10
Less Than 1M
Multiple Reasons
Shut Down
Wesabe

Personal finance management website

Finances
Shut Down
$4.7M
Bad Management
Finances
United States
In 2005
By 2010
Two
Between 11 And 50
Between 1M 10M
Bad Management
Shut Down
This is Brought to You by:
GetBusy

GetBusy

GetBusy keeps team communication organized, trackable and accountable.

NerdPilots

NerdPilots

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

GrowthMentor

GrowthMentor

Get 1-on-1 advice from vetted growth experts about your business.

Bookafy

Bookafy

Provide your clients and staff with a beautiful appointment booking experience.

Bookafy

HostGator

Easy and affordable web hosting and domain services for entrepreneurs.

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)!

Your subscription could not be saved. Please try again.
Your subscription has been successful.