Argyle Social
![Argyle Social](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/6053593661605a4391c8e659_argylesocial-min.png)
The Argyle Social was a social media marketing tool. The leading social media platforms change their APIs every time, which led to their shut down.
Details of the startup:
Argyle Social
You can read more about their failure here.
BitPass
![BitPass](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535b14b780c4975ac5a9b2_bitpass.png)
Bitpass was a company that gave people a platform to make micropayments online. The main reason for its closure was competition, even after raising $12M.
Details of the startup:
BitPass
You can read more about their failure here.
ChaCha
![ChaCha](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60536056b15d78b898d7c34e_chacha.webp)
ChaCha was a search engine where you interacted with a human being. However, the startup got stiff competition when Google released its Panda algorithm.
Details of the startup:
ChaCha
You can read more about their failure here.
Circa
![Circa](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535d0a56b46a824f03ab0a_circa.webp)
Circa had the mission of ‘fixing’ what was wrong with journalism. They suffered a financial breakdown and were copied by giants in the news sector.
Details of the startup:
Founders:
Arsenio Santos, Ben Huh, Matt Galligan
Country:
United States
Industry:
Entertainment
Started in:
2011
Closed in:
2015
Nº of employees:
10-50
Funding Amount:
$1M-$10M
Specific cause of failure:
Lack of Funds
Circa
You can read more about their failure here.
Dazo
![Dazo](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535b01b780c41d0ac59ca4_dazo-min.png)
Dazo was a food-tech startup based in Bangalore which emerged as a “food on demand” company. Fierce competition and lack of funding led to Dazo's failure.
Details of the startup:
Dazo
You can read more about their failure here.
Digg
![Digg](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535f693f64f074a06659e9_digg-min.webp)
Digg had the mission of "democratizing" the content and news that people saw. However, it missed lots of opportunities to become a thriving social network.
Details of the startup:
Digg
You can read more about their failure here.
Fab
![Fab](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535c130d1a6120a416d7dc_fab-min.webp)
Fab was an e-commerce company focused on daily design inspiration. Its success resulted in companies launching their same exact replicas of Fab’s platform.
Details of the startup:
Founders:
Bradford Shane Shellhammer, Deepa Shah, Jason Goldberg, Nishith Shah, Sunil Khedar
Country:
United States
Industry:
e-Commerce
Started in:
2009
Closed in:
2013
Nº of employees:
500-1,000
Funding Amount:
> $50M
Specific cause of failure:
Multiple Reasons
Fab
You can read more about their failure here.
Flud
![Flud](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535fbb9585b4056462ea3a_flud-min.webp)
Flud was a social news reader platform. They were unable to raise additional funding for their operations and eventually ran out of cash.
Details of the startup:
Flud
You can read more about their failure here.
Gowalla
![Gowalla](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/605358d484b0d3a4bc341256_gowalla.webp)
Gowalla was a location-based social platform that allowed users to share their location. It tried to do many things at once, and shut down after 5 years.
Details of the startup:
Gowalla
You can read more about their failure here.
HotelsAroundYou
![HotelsAroundYou](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/605357a82cacac5dc7b5cb5c_hotelsaroundyoulogo.webp)
HotelsAroundYou was an India service centered on last-minute and short stay bookings. They weren't capable of raising more money and had to shut down.
Details of the startup:
Founders:
Animesh Chaudhary, Harsha Nallur, Mohsin Dingankar
Country:
India
Industry:
Travel
Started in:
2013
Closed in:
2017
Nº of employees:
1-10
Funding Amount:
< $1M
Specific cause of failure:
Competition
HotelsAroundYou
You can read more about their failure here.
Kitchit
![Kitchit](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535e8303e2200a791283a6_kitchit.webp)
Kitchit brought local chefs to your home. They had to compete with other big food providers in the same market, which provoked their failure.
Details of the startup:
Kitchit
You can read more about their failure here.
Kno
![Kno](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535eacac537352e560b34f_kno-min.webp)
Kno introduced double paneled e-textbooks. Despite raising $80M, the company saw its chances of scaling up diminish once Apple introduced its iconic iPad.
Details of the startup:
Kno
You can read more about their failure here.
Munchery
![Munchery](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60538b2598eaa6468b6e9cd6_munchery-cardthumb-min.webp)
Munchery allowed users to order gourmet food. However, they couldn't deliver the experience that it promised and build a profitable business model.
Details of the startup:
Founders:
Conrad Chu, Tri Tran, Van Tran
Country:
United States
Industry:
Food & Beverage
Started in:
2011
Closed in:
2019
Nº of employees:
100-250
Funding Amount:
> $50M
Specific cause of failure:
Multiple Reasons
Munchery
You can read more about their failure here.
MySpace
![MySpace](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535c6d059e6eb333107706_myspace-min.webp)
MySpace became the most popular social networking site before Facebook. After competing with them, they decided to repurpose it as a platform for artists.
Details of the startup:
Founders:
Aber Whitcomb, Brad Greenspan, Chris DeWolfe, Colin Digiaro, Josh Berman, Michael Addicott, Tom Anderson
Country:
United States
Industry:
Social Media
Started in:
2003
Closed in:
Active
Nº of employees:
250-500
Funding Amount:
$10M-$50M
Specific cause of failure:
Multiple Reasons
MySpace
You can read more about their failure here.
QBotix
![QBotix](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/605359cf4358e2441b2b82ff_qbotix-min.jpeg)
QBotix offered solar panels that tracked solar light. Their competitors' efficiency improved, making QBotix's innovative solar panels less cost-effective.
Details of the startup:
QBotix
You can read more about their failure here.
Rafter
![Rafter](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/605358094649a16747750241_rafterlogo-min.webp)
Rafter was a course material provider for colleges. They had lots of competition and had to deal with logistical, financial, and market challenges.
Details of the startup:
Rafter
You can read more about their failure here.
Rdio
![Rdio](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535bdea04f71654d80d93b_rdio.png)
Rdio, a music streaming platform, failed due to poor marketing and distribution, ultimately folding to competition from Spotify and closing down.
Details of the startup:
Founders:
Carter Adamson, Janus Friis, Niklas Zennström
Country:
United States
Industry:
Music
Started in:
2008
Closed in:
2015
Nº of employees:
50-100
Funding Amount:
> $50M
Specific cause of failure:
Competition
Rdio
You can read more about their failure here.
Sidecar
![Sidecar](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535fa7b12dd95efcd23b8b_sidecar-min.webp)
Sidecar was a transportation company. They had top-notch technology but no marketing strategy, and could only become useful in high-density cities.
Details of the startup:
Sidecar
You can read more about their failure here.
SpoonRocket
![SpoonRocket](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/6061e640df87d46a4c3a7b98_SpoonRocket-min.webp)
SpoonRocket was a food delivery service making healthy meals each day. When their financial situation declined, they failed to fundraise to stay afloat.
Details of the startup:
SpoonRocket
You can read more about their failure here.
Sprig
![Sprig](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535fd06fa85389f5b65f32_sprig-min.webp)
Sprig delivered meals to customers who were looking for healthy choices. Sprig found the process time-consuming and expensive, and decided to shut down.
Details of the startup:
Founders:
Gagan Biyani, Matt Kent, Morgan Springer, Neeraj Berry
Country:
United States
Industry:
Food & Beverage
Started in:
2013
Closed in:
2017
Nº of employees:
50-100
Funding Amount:
> $50M
Specific cause of failure:
Competition
Sprig
You can read more about their failure here.
Stayzilla
![Stayzilla](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535a4843089da09150b75f_stayzilla-min.webp)
Stayzilla, once a thriving homestay network with $33.5M in funding, closed due to unsustainable operational costs and consistent financial losses.
Details of the startup:
Founders:
Rupal Yogendra, Sachit Singhi, Sachit Singhi, Yogendra Vasupal
Country:
India
Industry:
Travel
Started in:
2005
Closed in:
2017
Nº of employees:
250-500
Funding Amount:
$10M-$50M
Specific cause of failure:
Lack of Focus
Stayzilla
You can read more about their failure here.
Stereomood
![Stereomood](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535d894153470a1e7f686b_stereomood-min.webp)
Stereomood was a music platform that provided mood-based song listings. The company was acquired but they weren’t able to make a profit.
Details of the startup:
Founders:
Daniele Novaga, Eleonora Viviani, Giovanni Ferron, Maurizio Pratici
Country:
Italy
Industry:
Music
Started in:
2009
Closed in:
2015
Nº of employees:
10-50
Funding Amount:
No Data
Specific cause of failure:
Acquisition Flu
Stereomood
You can read more about their failure here.
Sunrise
![Sunrise](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535db16dba666011421ecb_sunrise-min.webp)
Sunrise was a calendar app for mobile and desktop. They had good reviews from users, but calendars are hard to monetize and they have a low entry barrier.
Details of the startup:
Sunrise
You can read more about their failure here.
Take Eat Easy
![Take Eat Easy](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/6061e6511982a6153fca47f2_Take%20Eat%20Easy-min.webp)
TakeEatEasy enabled restaurants to provide a reliable delivery service for their customers. Their margins were insufficient and closed doors after 3 years.
Details of the startup:
Founders:
Adrien Roose, Chloé Roose, Jean-Christophe Libbrecht, Karim Slaoui
Country:
Belgium
Industry:
Food & Beverage
Started in:
2013
Closed in:
2016
Nº of employees:
100-250
Funding Amount:
$10M-$50M
Specific cause of failure:
Competition
Take Eat Easy
You can read more about their failure here.
Verelo
![Verelo](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/605358b007a3210a359b9974_verelosite-min.webp)
Verelo was a Canadian startup that offered web monitoring services from multiple locations. Not enough traction made the company shut down in 2012.
Details of the startup:
Verelo
You can read more about their failure here.
Vine
![Vine](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/60535d5e0d1a61745017d933_vine.webp)
What happened to Vine? Why did Vine shut down? When? Does TikTok face the same risk? Here's our detailed analysis.
Details of the startup:
Founders:
Colin Kroll, Dom Hofmann, Rus Yusupov
Country:
United States
Industry:
Social Media
Started in:
2012
Closed in:
2017
Nº of employees:
50-100
Funding Amount:
No Data
Specific cause of failure:
Multiple Reasons
Vine
You can read more about their failure here.
Wantful
![Wantful](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/605358c2c5fff38e21acbb37_wantful-min.webp)
Wantful was an e-Commerce founded in 2011. After experiencing exponential growth, it shut down in 2013 due to stiff competition from other companies.
Details of the startup:
Wantful
You can read more about their failure here.
Wesabe
![Wesabe](https://cdn.prod.website-files.com/5fadb14c46b287ad224b60b9/605358fa2eee4a04c40d542a_wesabe-min.webp)
Wesabe is a former Personal Finance Management system that helped clients make better financial decisions. Having better competitors made Wesabe fail.
Details of the startup:
Wesabe
You can read more about their failure here.