Executive Summary: Sorare is a fantasy football game that allows players to create virtual teams and compete against each other in a league format. Sorare makes money by issuing and selling new cards on its platform. Players can then purchase those cards and add them to their existing squads. Founded in 2018, Sorare has raised … Read more
Executive Summary: Sweatcoin is a mobile app that allows users to earn virtual currencies when they are walking outside and engaging in other activities such as running. Sweatcoin makes money by promoting other brands as well as by partnering with insurance companies and other governmental bodies. Founded in 2015, Sweatcoin has managed to attract over … Read more
Executive Summary: Gumtree is an online classifieds advertising platform that allows users to both buy and sell a variety of different goods and services. Gumtree makes money from listing fees, product promotions, referral fees, as well as banners ads on its website. Founded in 2000, Gumtree has risen to become one of the world’s largest … Read more
Executive Summary: Airtasker is an online platform that connects local service providers, which are named Taskers, with customers demanding those very same services. Airtasker makes money from booking and service fees. The platform operates a marketplace business model. Founded in 2012, Airtasker has become one of the world’s leading horizontal marketplaces. It went public on … Read more
Executive Summary: Digg was a social network and news aggregator platform that enabled members to submit and rate news stories, pictures, videos, and other types of content across a multitude of categories. Digg failed because of poor product decisions, rising competition from other platforms, internal problems amongst its staff, as well as users trying to … Read more
Executive Summary: Flink is an on-demand online delivery platform that enables customers to order groceries through its app or website and have them delivered within 10 minutes. Flink makes money by selling grocery products through its platform as well as via delivery fees on its orders. Founded in 2020, Flink has risen to become … Read more
Executive Summary: HQ Trivia is a live game show app that enables users to compete against each other and win real as well as virtual cash prizes. HQ Trivia failed because it failed to keep its game exciting, due to intense competition, various technical issues, as well as issues with the founder’s leadership style. How … Read more
Executive Summary: Vivino is an online marketplace that enables users to search, compare, rate, and even purchase millions of wines from over 231,000 wineries across the world. Vivino makes money via marketing fees, by selling subscriptions, advertising on its platform, as well as by offering aggregated rating data to other businesses. The company operates a … Read more
Executive Summary: VRChat is a multiplayer online virtual reality social platform that enables gamers to interact with each other in various worlds using 3D-animated characters. VRChat makes money by offering a premium subscription service as well as by selling merchandise through its own online store. Launched in early 2014, VRChat has grown to become one … Read more
Executive Summary: ShopBack is a cashback platform that provides consumers with discounts and other monetary incentives when purchasing items from selected stores. ShopBack makes money from affiliate commissions as well as by offering advertising solutions to other brands on its platform. It operates an online marketplace business model. Founded in 2014, ShopBack has risen to … Read more