Executive Summary: Flappy Bird is a mobile game in which you tap the screen to make a pixelated bird fly and avoid obstacles. Flappy Bird was deleted because its creator, Dong Nguyen, was overwhelmed by the sheer amount of interview requests and hateful sentiment he received. The original game was taken down on February 9th, … Read more
Executive Summary: Teavana is a manufacturer and distributor of various tea products. Customers can currently purchase sachets as well as cups distributed in supermarkets. Teavana failed primarily because visitor number in malls, where most of its shops were based, significantly decreased over the previous years. Founded in 1997, Teavana had been acquired by Starbucks for … Read more
Executive Summary: Solyndra was a copper indium gallium selenide solar cells manufacturer that distributed tubular solar panels for commercial rooftop installation. Solyndra failed because its cost substantially exceeded its revenue, due to heightened market competition and declining PV prices, as well as internal leadership struggles. What Is Solyndra? Solyndra was a copper indium gallium selenide … Read more
Executive Summary: Periscope is a social network that allows users to broadcast and consume live-streamed video content. On March 31st, 2021, Periscope was shut down because the cost of maintaining and expanding the platform was outweighing the revenue that it was generating. What Is Periscope? Periscope is a social network that allows users to broadcast … Read more
Executive Summary: Polyvore was a social commerce platform that allowed users to browse and curate fashion, beauty, and interior design items. Polyvore was shut down because its user base, as well as profits, likely declined over time. When it closed down, its parent company Verizon was focusing on salvaging losses than investing in a declining … Read more
Executive Summary: Telltale Games was an American video game development studio that primarily published adventure games via an episodic format. Telltale had to shut down because it ran out of money and failed to secure the necessary funding to keep the company afloat. Founded in 2004, the company managed to raise over $54 million in … Read more
Executive Summary: Paragon was a third-person MOBA game in which two teams of five players each were pitted against each other. Paragon was primarily shut down because it failed to attract a significant player base while Epic’s other titles, Fortnite in particular, began to take off. What Was Paragon? Paragon was a third-person MOBA (Multiplayer … 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, and users trying to game the … 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 couldn’t keep its game exciting, due to intense competition, various technical issues, as well as problems with the founders’ leadership style. How HQ … Read more
Executive Summary: Mixer, initially launched as Beam, was a live streaming platform that enabled content creators to broadcast themselves in video format. Mixer shut down because of intensive competition, high cost of maintaining the product, lack of community building, employee turnover, technical issues, as well as Microsoft shifting its focus towards other products. What Was … Read more