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.

Kichit

Brought local chefs to private households

General Information
Category
Food and Beverage
Country
United States
Started
In 2011
Business Failure
Business Outcome
Shut Down
Closed
By 2016
Cause of Failure
Competition
Founders & Employees
Number of Founders
Two
Name of Founders
Brendan Marshall, Ian Ferguson
Number of Employees
Between 11 And 50
Funding
Number of Funding Rounds
3
Total Funding Amount
$8.1M
Number of Investors
20
Description

Kitchit mission was to make you enjoy the dining experience by letting you book local chefs and bringing them to your doorsteps. Meals were served at the client’s home and yet were more affordable and convenient than going to high-end restaurants. Kitchit offered three signature menus that featured starter, entrée, and dessert and had meals that would appeal to vegetarians as well. Unlike other service providers which delivered ready-made meals or sent ingredients only, Kitchit made sure to take care of the whole dining process from acquiring ingredients, cooking it and cleaning up afterwards.

Cause of Failure

Kitchit was a popular service and people appreciated the fact that the experience the company brought them by allowing them to have tasty food at their own house and still being able to entertain guest instead of being busy in the kitchen. The on-demand food market was already very competitive and they had to compete with other food providers in the same market including Chef'd Up, ChefSurfing, VanChefs and Hire A Cheft. Even well-funded ventures in this sector had tried making a profitable long-term business but failed. Kitchit changed business strategy a couple of times but was not able to make enough profit margin to sustain its operating costs.

Go on Reading

Verelo

Offered website monitoring services

Analytics
Acquired
No Data
Lack of Funds
Analytics
Canada
In 2012
By 2012
Two
Between 1 And 10
No Data
Lack of Funds
Acquired
MatterFab

Selling affordable solutions for metal 3-D printing

Software and Hardware
Shut Down
$13.2M
Bad Business Model
Software and Hardware
United States
In 2013
By 2019
One
Between 1 And 10
Between 10M 50M
Bad Business Model
Shut Down
Fab

Online design marketplace

e-Commerce
Acquired
$336.3M
Multiple Reasons
e-Commerce
United States
In 2009
By 2013
Five
Between 501 And 1000
More Than 50M
Multiple Reasons
Acquired
Kiko

Ajax-style online calendar application

Productivity
Acquired
$50K
Bad Management
Productivity
United States
In 2003
By 2008
Two
Between 11 And 50
Less Than 1M
Bad Management
Acquired
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
Mailbox

Inbox that made email light, fast, and mobile-friendly.

Productivity
Shut Down
$5M
Bad Business Model
Productivity
United States
In 2011
By 2015
Two
Between 501 And 1000
Between 1M 10M
Bad Business Model
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.