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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Netscape

Developed enterprise software solutions

General Information
Category
Productivity
Country
United States
Started
In 1994
Business Failure
Business Outcome
Shut Down
Closed
By 2008
Cause of Failure
Poor Product
Founders & Employees
Number of Founders
Three
Name of Founders
James Clark, Jon Mittelhauser, Marc Andreessen
Number of Employees
Between 5001 And 10000
Funding
Number of Funding Rounds
1
Total Funding Amount
No Data
Number of Investors
1
Description

Netscape, or more precisely, Netscape Navigator, was one of the most significant internet applications in the history of the web. It was launched by Marc Andreessen and Jim Clark. Having built a highly innovative product and having no real competition back in 1995, the company was evaluated at $3 billion since the first day it went public and would go on to become one of the backbones to the Mozilla project.

Cause of Failure

Despite its early success, Netscape had no real chance to beat Microsoft who released IE 1.0 soon after Netscape and continued on improve on it until they finally took over Netscape and were able to offer a consistently better product than their counterpart.

Netscape eventually becomes obsolete for the most part but was, however, acquired by AOL in November 1998 for $4.2 billion. After the hire, the company tried again to release upgraded versions of the browser but the battle seemed to have already been won by Microsoft. Netscape finally decided to outsource their code which would later give rise to Firefox. AOL finally shut down Netscape in 2008.

Go on Reading

Fuhu

Designer and seller of cloud-served softwares

Software and Hardware
Acquired
$66.2M
Mismanagement of Funds
Software and Hardware
United States
In 2006
By 2015
Three
Between 501 And 1000
More Than 50M
Mismanagement of Funds
Acquired
Tutorspree

Web-based tuition services

Education
Acquired
$1.8M
Bad Marketing
Education
United States
In 2010
By 2013
Three
Between 51 And 100
Between 1M 10M
Bad Marketing
Acquired
RethinkDB

Scalable database for the real-time web

Software and Hardware
Acquired
$12.2M
Bad Market Fit
Software and Hardware
United States
In 2009
By 2016
Two
Between 11 And 50
Between 10M 50M
Bad Market Fit
Acquired
Crowdmix

Music streaming and sharing platform

Music
Acquired
£14M
Mismanagement of Funds
Music
United Kingdom
In 2013
By 2016
Two
Between 101 And 250
Between 10M 50M
Mismanagement of Funds
Acquired
Grooveshark

Web-based on-demand music application

Music
Shut Down
$4.6M
Legal Challenges
Music
United States
In 2006
By 2015
Three
Between 51 And 100
Between 1M 10M
Legal Challenges
Shut Down
Pixate

Platform for mobile interaction design

Design
Shut Down
$3.8M
Acquisition Flu
Design
United States
In 2012
By 2016
Two
Between 11 And 50
Between 1M 10M
Acquisition Flu
Shut Down
This is Brought to You by:
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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