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

Frankly

Messaging app for frank conversations

Social Media
Shut Down
$600K
Bad Market Fit
Social Media
India
In 2014
By 2016
Two
Between 51 And 100
Less Than 1M
Bad Market Fit
Shut Down
Gowalla

Social Guide to world's cities

Social Media
Acquired
$10.4M
Competition
Social Media
United States
In 2007
By 2013
Two
Between 11 And 50
Between 10M 50M
Competition
Acquired
HotelsAroundYou

Booking of same-day hotel rooms

Travel
Shut Down
$125.4K
Competition
Travel
India
In 2013
By 2017
Three
Between 1 And 10
Less Than 1M
Competition
Shut Down
Lumos

Internet of things startup on switching technology

Software and Hardware
Shut Down
No Data
Lack of Experience
Software and Hardware
India
In 2014
By 2015
Three
Between 1 And 10
No Data
Lack of Experience
Shut Down
Springpad

Allowed users organize projects, ideas and to-do’s

Productivity
Acquired
$7.3M
Lack of Focus
Productivity
United States
In 2008
By 2014
One
Between 11 And 50
Between 1M 10M
Lack of Focus
Acquired
Yik Yak

Anonymous location-based social network

Social Media
Shut Down
$73.5M
Legal Challenges
Social Media
United States
In 2013
By 2017
Three
Between 11 And 50
More Than 50M
Legal Challenges
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.

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