Executive Summary: Beem (formerly Beem It) is a FinTech platform that enables users to pay, request, transfer, and split money instantly. Beem It currently makes money via referral fees, which the company receives whenever a user shops at one of its cashback partners. How Does Beem It Work? Beem It is a FinTech application that … Read more
Executive Summary: Omaze is a fundraising platform that gives its users a chance to win prizes in exchange for making donations. Omaze makes money by taking a percentage cut from the donations that its users make. The platform normally takes anywhere between 12 percent to 20 percent per campaign. Founded in 2012, Omaze has grown … Read more
Executive Summary: Popcorn Time is an open-source software that allows anyone to download and stream media files such as videos. Popcorn Time was shut down in January 2022 because interest in the platform had significantly declined. What Is Popcorn Time? Popcorn Time is an open-source software that allows anyone to download and stream media files … Read more
Executive Summary: Endomondo is a fitness-based platform that allows its users to track, record, and analyse their workouts. Endomondo was shut down because its owner Under Armour wanted to direct users to its own app called MapMyRun. What Is Endomondo? Endomondo is a fitness-based platform that allows its users to track, record, and analyse their … Read more
Executive Summary: Musical.ly is a social media platform that enables its users to create, share, and discover video-based content. Musical.ly was shut down because its owner, ByteDance, wanted to merge its technology and userbase into another app. What Is Musical.ly? Musical.ly is a social media platform that enables its users to create, share, and discover … Read more
Executive Summary: QuizUp is a social trivia game that requires players to compete against each other by answering random questions. QuizUp is discontinued because the developers behind the game were unable to properly monetize the game. What Is QuizUp? QuizUp is a social trivia game that requires players to compete against each other by answering … Read more
Executive Summary: Flipagram is a social media platform that allows users to create, share, and discover photo- and video-based content. Flipagram was deleted because the company that acquired it wanted to use its technology for one of its new products. What Is Flipagram? Flipagram is a social media platform that allows users to create, share, … Read more
Executive Summary: Houseparty is a social media platform that allows you to connect with friends and other users via video calls. Houseparty was shut down because its usage declined severely after coronavirus restrictions across the world were lifted. What Is Houseparty? Houseparty is a social media platform that allows you to connect with friends and … Read more
Executive Summary: Dubsmash is a social media app that lets its users create short-form videos based on audio clips from famous songs, movie scenes, quotes, and more. Dubsmash was shut down because Reddit wanted to embed its video creation tools into its own platform. What Is Dubsmash? Dubsmash is a social media app that lets … Read more
Executive Summary: Kik is a free mobile messaging application that can be used to send audio, text, images, GIFs, as well as video files. Kik failed because it consistently changed its strategic direction, changing ownership, as well as due to its inability to effectively moderate content on the platform. Kik, after various failed attempts at … Read more