Executive Summary: Vevo is a video network that produces and distributes music videos and related content across a variety of hardware devices and online platforms. Vevo shut down its apps as well as website because it wasn’t able to financially compete with the likes of Spotify and YouTube. What Is Vevo? Vevo, which is … Read more
Executive Summary: Machinima was a former content creation and delivery network focused on publishing gaming-related videos. Machinima was shut down because AT&T as well as WarnerMedia wanted to consolidate some of its digital assets. What Is Machinima? Machinima, a combination of the words machine and cinema, was a former content creation network focused on publishing … Read more
Executive Summary: CollegeHumor is an online media company that produces and distributes comedic content across a variety of platforms. Its previous owner IAC sold off its majority stake in the company in January 2020 to long-time employee Sam Reich, who was forced current CEO Sam Reich to lay off most of its employees. What Is … Read more
Executive Summary: Second Life is an online virtual world in which players create avatars of themselves and interact with other users. Second Life failed to become a mass-market product because the game has an extremely high learning curve, it suffered from frequent platform meltdowns, due to consistent copyright infringements, and unrealistic expectations. What Is Second … Read more
Executive Summary: StumbleUpon was a discovery engine and social networking platform that allowed its users to discover and rate web content. StumbleUpon failed because of intense competition, leadership turnover, as well as due to a buggy product. What Is StumbleUpon? StumbleUpon was a discovery engine and social networking platform that allowed its users to discover … Read more
Executive Summary: SmallWorlds is a social network and virtual game that enabled players to engage with each other, enter quests, or decorate their surroundings. SmallWorlds shut down in April 2018 because the cost of running the game was outstripping the revenue that it was generating. What Is SmallWorlds? SmallWorlds is a social network and virtual … Read more
Executive Summary: Cyberpunk 2077 is a first-person shooter role-playing video game developed and maintained by Poland-based studio CD Projekt. Cyberpunk 2077 failed because it was released prematurely, due to extremely high expectations, and incompatibility with current-gen consoles. What Is Cyberpunk 2077? Cyberpunk 2077 is a first-person shooter role-playing video game developed and maintained by Poland-based … Read more
Executive Summary: Mt. Gox was an exchange that enabled users to purchase, trade, and sell cryptocurrency-related assets such as Bitcoin. The exchange was ultimately shut down in February 2014 after a hack led to the loss of 850,000 Bitcoins. What Is Mt. Gox? Mt. Gox was an exchange that enabled users to purchase, trade, and … Read more
Executive Summary: JUUL is a manufacturer and distributor of electronic vaping devices (also called e-cigarettes) that can be filled with liquid pods. JUULs are currently not banned from being sold in most countries in the world. Consumers in the United States, the United Kingdom, as well as Canada can legally purchase its vapes and pods. … Read more
Executive Summary: Juicero is the company behind the Juicero Press, a Wi-Fi-enabled kitchen appliance that presses juice out of pre-packaged pouches. Juicero failed due to an unattractive pricing model, an over-engineered product, bad press, as well as turmoil within the company. What Is Juicero? Juicero is the company behind the Juicero Press, a Wi-Fi-enabled kitchen … Read more