Category: Over-Expansion

  • Hubba

    Hubba

    Hubba, founded in 2011 by Ryan Behar and Ben Zifkin, was a promising Toronto-based startup that operated as an online wholesale marketplace, primarily catering to food and beverage brands and small, independent retailers. The platform was designed to facilitate connections between these entities, allowing brands to list their products and retailers to place orders. Hubba…

  • Vine

    Vine

    Vine, an American short-form video hosting service, revolutionized digital content creation with its six-second looping video clips. Founded by Dom Hofmann, Rus Yusupov, and Colin Kroll in June 2012, it was acquired by Twitter in October 2012 for $30 million before its public launch in January 2013. Vine’s innovative format quickly captivated users, making it…

  • Clutter

    Clutter

    What did Clutter do? Clutter was a provider of on-demand storage and moving services used to help customers store their physical belongings. Clutter aimed to consistently provide hassle-free and affordable services by investing in exceptional people, smart technology, and pristine spaces. The company offered customizable solutions for everyone, including warehouse storage, self-storage, moving, and packing…

  • Dinner Lab

    Dinner Lab

    Dinner Lab was a pop-up restaurant company founded in 2011 and ceased operations in 2016 due to expensive production costs and competition. It raised $10.1 million in funding and was founded by Brian Bordainick.

  • Freshly

    Freshly

    Freshly was a meal delivery service founded in 2012 and ceased operations in 2023 due to competition and declining demand. It raised $107 million and was acquired by Nestlé for $950 million.

  • Tilt

    Tilt

    Tilt, a social payment startup, was founded in 2012 by James Beshara, Karolyn Baxter, and Khaled Hussein. This innovative venture focused on crowd-funding, enabling groups and communities to fund diverse events through its mobile app. Tilt was especially popular among college students who used the platform for crowdfunding events and settling expenses with friends. The…

  • Munchery

    Munchery

    Munchery was a meal delivery service founded in 2010 by Tri Tran and Conrad Chu. It ceased operations in 2019 due to expensive business model, competition, and negative publicity about food safety.

  • Quirky

    Quirky

    Quirky, founded in 2009 by Ben Kaufman, was a unique startup that sought to democratize invention. It functioned as a community-based platform where anyone could submit their product ideas. These ideas would be voted on by the community, and winning products were then designed, patented, manufactured, marketed, and sold by Quirky to major retailers. Inventors…

  • Zirtual

    Zirtual

    Zirtual, launched in 2011 by Maren Kate Donovan, Collin Vine, and Erik Jensen, was a virtual assistant (VA) service designed to match busy professionals and entrepreneurs with efficient, US-based virtual assistants. This innovative approach quickly positioned Zirtual as a promising startup in the burgeoning gig economy. In its early days, Zirtual experienced rapid growth, scaling…

  • Fast

    Fast

    Fast, a fintech startup, emerged in the fintech landscape with a bold vision: to revolutionize the online checkout experience. Co-founded by Domm Holland and Allison Barr Allen, Fast’s journey was marked by high expectations and significant investor interest. The startup was particularly focused on streamlining the e-commerce transaction process, aiming to make it as seamless…

  • Shyp

    Shyp

    Shyp’s story begins as a promising venture, aiming to revolutionize the shipping industry with its on-demand service. Founded in 2013 by Kevin Gibbon, Joshua Scott, and Jack Smith, Shyp quickly gained attention and significant funding, raising over $62 million from investors. The San Francisco-based startup’s business model was captivating: users could simply take a photo…

  • Pets.com

    Pets.com

    The story of Pets.com is a quintessential example of the dot-com era’s excesses and pitfalls. Established in 1998, Pets.com emerged during a period of intense fascination and investment in internet startups. The company’s goal was simple yet ambitious: to revolutionize the pet supply industry by offering an extensive range of products online. In 1999, Pets.com…