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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Kno

Education software startup

General Information
Category
Education
Country
United States
Started
In 2009
Business Failure
Business Outcome
Acquired
Closed
By 2013
Cause of Failure
Competition
Founders & Employees
Number of Founders
Two
Name of Founders
Babur Habib, Osman Rashid
Number of Employees
More Than 10000
Funding
Number of Funding Rounds
7
Total Funding Amount
$94.9M
Number of Investors
10
Description

Kno Inc. was a California based educational software startup. The company wanted to change the traditional way students learn. Kno introduced double paneled e-textbooks packed with interactive study lessons and resources, social sharing tools, and adaptive features that were designed to keep students engaged.

Cause of Failure

Kno was one of the first companies to launch Tablet Computers in 2010. The company introduced 14.1” touchscreen textbook tablet with single and dual panels on the Linux and Webkit OS.

Despite having raised close to $80 million in venture capital the company quickly saw its chances of scaling up diminish drastically once Apple introduced its now iconic iPads and iPhones. Their final blow came when Apple entered the educational sector by providing textbooks as well.

With falling revenues and fundings running low, Kno tried to pivot to a couple of different solutions none of which would prove profitable. At last, in 2013, Intel purchased the startup for a bargain, $15 million, and the entire team of Kno, except its CEO, joined Intel.

Go on Reading

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Teforia

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Shut Down
RewardMe

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Maple

High-quality food delivery startup

Food and Beverage
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$29M
Bad Business Model
Food and Beverage
United States
In 2014
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Between 10M 50M
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Acquired
Salorix

Online social network engagement platform

Analytics
Shut Down
$3.5M
Bad Management
Analytics
United States
In 2009
By 2014
One
Between 11 And 50
Between 1M 10M
Bad Management
Shut Down
This is Brought to You by:
Tuff

Tuff

Grow your business with less hassle, risk, and cost with an on-demand marketing team.

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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