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.
Web-based on-demand music application
Grooveshark was the product of two young entrepreneurs. Grooveshark was a very popular streaming platform for music that was initially web-based and also had an app version for a period of time.
Grooveshark technology was worth of being admired, especially considering that it was an underfunded venture built by two college students who were learning about business as they went.
Grooveshark major weakness was that it illegally streamed music. The company was sued by multiple record labels and the app was subsequently banned from mobile marketplaces. The company shut down in April 2015 and the platform founder was found dead in his room a couple of months later.
UK digital radio station
Online payment system for digital content
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Textbook and course material provider for schools
SaaS software for transportation companies
Provider of private transit and offers bus services