Tag: Why startups fail

India’s buy-now-pay-later (BNPL) sector has seen tremendous growth recently. The idea of paying for purchases in installments without interest has resonated with younger, digital-first consumers. However, growth has come with its fair share of pains. Last week, prominent BNPL startup ZestMoney announced plans to shut

Remember Orkut? Back in the 2000s, the Google-owned social network was all the rage, especially in countries like Brazil and India. But despite its early popularity, Orkut eventually faded into oblivion. So what happened? Why did the once-hot social media platform fizzle out so quickly?

In early 2013, Google unveiled a vision of the future – augmented reality glasses called Google Glass that put a computer and camera right on your face. These futuristic-looking smart glasses promised to change the way we interact with information and connect with each other.

In the fast-paced world of consumer tech, companies can go from industry darlings to bankrupt has-beens practically overnight. Few companies illustrate this better than Jawbone, makers of the UP fitness tracker. In the span of just a few years, Jawbone went from being valued at

The year was 2017. Bitcoin was booming, the price skyrocketing from under $1,000 to nearly $20,000. Amidst this frenzy, a group of IIT alumni launched Koinex, with the goal of bringing digital currency trading to the Indian masses. Koinex quickly became India’s leading crypto exchange,

Remember Quibi? Unless you’re an avid follower of the rapid rise and fall of video streaming services, the name Quibi may not ring a bell. Quibi was a video streaming platform targeted at millennials that launched in April 2020 and shut down just 6 months

In December 2001, Dean Kamen unveiled the Segway Personal Transporter on ABC’s Good Morning America. The public eagerly awaited this secretive new product that was supposed to revolutionize personal transportation. Kamen confidently said it would be “to the car what the car was to the

In the early 2000s, Nokia was the undisputed king of the mobile phone industry. The Finnish company had rapidly grown from a paper mill in the 1860s to the top-selling mobile phone brand in the world by the late 1990s. At its peak, Nokia accounted

Blackberry smartphones were once the peak of mobile technology. In the late 1990s and early 2000s, carrying a Blackberry device was a status symbol in the business world. But despite its early dominance, Blackberry eventually faded into obscurity. So what happened? How did the innovative

What Happened to Pets.com? The late 1990s were a heady time for internet companies. Venture capitalists were falling over themselves to throw money at any business with a “.com” in their name. The promise of the World Wide Web was captivating – it seemed like

The tech world loves its unicorns. These mythical startups are valued at over $1 billion, seeming to offer infinite possibilities. Yet even unicorns can crash and burn. Let’s explore why these one-time superstars stumbled on their way to greatness. 1. Theranos – Blood Testing Blunders

Yahoo in the late 1990s was the king of the internet. How did this pioneering company fall so far? Let’s take an introspective look at the decisions, missteps, and missed opportunities that led to Yahoo’s decline. The Early Days: Yahoo’s Humble Beginnings It all started

Kodak dominated the photographic film market for nearly a century. At its peak in the 1990s, Kodak held an astounding 90% market share and was one of the world’s top 5 most valuable brands. But when digital photography began disrupting the industry in the late

Failure is never easy. But when your startup fails, it can feel absolutely devastating. You’ve poured your blood, sweat, and tears into your business. You’ve sacrificed sleep, relationships, and sanity trying to make it work. And now, despite all your efforts, it’s over. It’s normal

Cofounded by Adam Neumann and Miguel McKelvey in 2010, WeWork began with a simple idea – to create beautifully designed shared workspaces for entrepreneurs, startups, and freelancers. And for the first few years, it seemed like they could do no wrong. WeWork was growing at

Starting a business is a dream for many people. The idea of creating something from scratch, growing it, and becoming a successful entrepreneur is appealing. However, the reality is that starting a business is hard work, and the odds of success are not in your