34% of startups fail due to lack of product-market fit. Learn how to avoid it for only $15!

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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Mailbox

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

General Information
Category
Productivity
Country
United States
Started
In 2011
Business Failure
Business Outcome
Shut Down
Closed
By 2015
Cause of Failure
Bad Business Model
Founders & Employees
Number of Founders
Two
Name of Founders
Gentry Underwood, Scott Cannon
Number of Employees
Between 501 And 1000
Funding
Number of Funding Rounds
1
Total Funding Amount
$5M
Number of Investors
6
Description

Mailbox launched in early 2013 and was able to gather over 1 million registrations for its trial plan.

The app promised to make your inbox more manageable, fast and efficient. It introduced the swipe option to archive emails, snooze feature to read mail later and mute unimportant conversations. Mailbox used machine learning to anticipate and sort mails for the user to always show them the most relevant messages. Many of today's email services providers have incorporated Mailbox’s innovations into their product.

Cause of Failure

One month after the official launch, Dropbox bought Mailbox stating that this sleek app would be a great addition to their collaborative products.

Already as a standalone product, the Mailbox team showed creativity and technical skills in their product design, but being able to monetize the app was another matter. Just as with calendars app, mailboxes might be useful for people, but only to a certain point. People are not willing to pay for such products, nor expect to. The only way similar products could make money or return the invested money is by being acquired. However, even this did not work out too well for Mailbox. A couple of years after the acquisition, Mailbox shutdown as Dropbox could not find a way to integrate it into their main product and concept.

Go on Reading

Kno

Education software startup

Education
Acquired
$94.9M
Competition
Education
United States
In 2009
By 2013
Two
More Than 10000
More Than 50M
Competition
Acquired
Take Eat Easy

Restaurants delivered to your door

Food and Beverage
Bankruptcy
€16.4M
Competition
Food and Beverage
Belgium
In 2013
By 2016
Four
Between 101 And 250
Between 10M 50M
Competition
Bankruptcy
Zoomo

P2P transactions of pre-owned cars

Transportation
Shut Down
$6M
Bad Business Model
Transportation
India
In 2014
By 2016
Two
Between 11 And 50
Between 1M 10M
Bad Business Model
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
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
Circa

Mobile news app on diverse topics

Productivity
Acquired
$4.7M
Multiple Reasons
Productivity
United States
In 2011
By 2015
Three
Between 11 And 50
Between 1M 10M
Multiple Reasons
Acquired
This is Brought to You by:
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NoGood

Your on-demand growth squad for SaaS, B2B, and eCommerce brands.

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.

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